Thursday, December 06, 2007

Help on the way

I'm actually starting to believe we may be on the way to market recovery in the Bradenton, Sarasota market.

The phones ringing, people are buying, contracts are closing.

It ain't a flood but it is definitely beyond a trickle.

From Longboat Key to Anna Maria Island and east to Lakewood Ranch, the sound of buyer's footsteps are starting to be heard again.

No the prices are not going to start rising right away. The inventory on the market from about 36 month worth to less than nine before that might happen.

Still, we dropped fast here so that downward spiral may start flattening out soon.

All the best
Greg Owens PA
Keller Williams Realty of Greater Manatee
941.779.5149
greg@teamworksfla.com

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