Those rare times when the planets seem to be astrologically aligned to favor our major financial transactions, such as the buying of a home, are few and far between. Yet occasionally, I'm able to direct my clients to just such a "Haley's Comet"; in this case specifically, Silvercrest Lakes Estates in Miami Lakes.
Simply put, Silvercrest is one of the finest single-family luxury gated communities in South Florida. However, this is not the primary reason that you want to consider buying a home here in the near future. A convergence of seemingly non-related events has created a wonderful opportunity for would be Buyers in this community. For starters, this project was built in 2001-2002. Hence many of still original owners bought their homes before prices started appreciating at such an alarming rate. Subsequently, many prospective Sellers can price their homes competitively while still making a profit; a win-win scenario for Buyer and Seller!
Additionally, the foreclosure rate in the community is very low, which bodes well for the present and future property values. As a matter of fact, there's only one recorded foreclosure filing in 2010 to date.
What about the "seven year itch?" Well, statistically speaking, the average American family stays in a home for approximately seven years before relocating. So for some who bought homes here in Silvercrest in 2002, the time has now come to make move. And the net result of all of this is that a prospective Buyer here now has a varied selection of homes to choose from, generally well-priced, in a pristine secure community..........and let's not forget the ridiculously low mortgage rates; that's just a Bonus...LOL!
