There’s a lot of uncertainty in the air these days as people question how to go on with the business of living during unprecedented times.
One question many are asking is whether it’s a good time to purchase a new home. Or – if you were already planning on buying a home – should you move forward with your plans or postpone them?
The time is ripe, according to Marisela Cotilla, director of sales at ALINA Residences Boca Raton, which is still under construction but set to be completed later this year. There has been an uptick of potential buyers using their downtime time to purchase properties in South Florida, she says.
Here are her thoughts on today's real estate market in Boca Raton.
Why is now a good time to buy a new home in Boca Raton?
Boca has always been the place where everybody wants to retire to. But, especially during this pause, we’re experiencing renewed interest from all ages. Everyone is looking out the window and realizing, ‘Life is short. What do I want?’ We have year-round sun, a lot of culture, amazing beaches and golf courses – it doesn’t surprise me at all.
When this is over, a lot of people will be coming to South Florida. As that demand grows greater, prices increase. For people looking for bargains, today’s the day.
What kind of people are buying in Boca right now?
Purchasers at ALINA Residences include existing South Florida residents along with buyers from the Northeast who are either migrating to Florida or are looking for a pied-à-terre. ALINA Residences is attracting discerning buyers who seek beautifully and meticulously designed residences; resort-quality amenities; and walkable access to Boca Raton’s best in dining, shopping and entertainment.
Why should buyers consider purchasing new construction?
In addition to owning property built to the latest codes with the latest technologies, timing is an important consideration. Purchasing new construction provides the time to list and sell your existing property, if so desired, for a more seamless transition. You have time to prepare to move into your new residence and simply enjoy your new lifestyle.
How is it possible to view new residences now?
We have a variety of virtual tour capabilities that are quite effective. We had a couple from Manhattan purchase recently from a virtual tour. We could focus on the elements of the residence that were most important to them, and they were able to make their selection from their sofa. They felt good about now being able to plan their move.
For more information, visit alinabocaraton.com.