501 Seven Isles Drive

501sevenisles.com — The ultimate deep water compound for the boating, entertaining & car enthusiast!

p 2000sooceandr.com —

Enjoy a continuous boat parade from fully renovated double residence.

2525okeechobee.com —

65ft Deepwater Pool Residence. q

Douglas Elliman's May Market Report states that newly signed contracts declined for the first time this year as new listings expanded for the first time in four months.

However, Julie has marketing strategies in place to respond to a shifting market. For a comprehensive break down over price point and the Florida market contact Julie.

• The 2022 buyers that have been sitting on the sideline are now making offers!

They appreciate that 2023 is a great time to invest, taking advantage of long-term appreciation, possible rental income if investing or planning for retirement, tax savings and potential hedge against appreciation. Limited inventory creates overall market competition and discourages price adjustments unless originally overpriced.

• Correct listing pricing and marketing strategies remain key.

Julie experienced multiple offers on three of her luxury listings in April and May; contact Julie for more details.

• Higher interest rates and overall prices have both impacted first time and move-up buyers locally. However, it is important to remember that rates are still low, and the range of different loan programs and initiatives enable buyers to purchase and then re-finance as rates adjust.

• Julie is experiencing a high level of buyer interest and encourages potential or previous sellers to return to the market while the inventory remains sparse. The market has adjusted since the pandemic and Julie anticipates a Summer and Fall of opportunity. Families continue to relocate for the new school year and foreign investors are returning to Fort Lauderdale!