It's raining prices

Well, the trend continues.

Prices are raining down, as the bottom prices slip even further down. Yippee!

The Bradenton and Sarasota market housing prices dropped 6 percent for the third quarter with average home price at $283,800 compared to $301,800 a year ago, the media reported.

I said before keep a close eye on the Miami market as prices appeared to stabilize a bit but homes sales dropping like a rock.

Well according to news reports Miami and Tampa lead the Standard and Poor's housing index in price declines nationwide. Miami dropped 10 percent and Tampa 11.1 percent.

Why am I so happy? I'm a buyer's agent, the faster those prices drop the sooner the buyers will get back in the game.

There are bargains galore out there and more coming on the market everyday.

All the best
Greg Owens PA
Keller Williams Realty of Greater Manatee
941.779.5149