A thaw is on the way

Yea, I'm not one of those Mary Poppins types who believes that the market it is going to turn on a dime here on the Gulf Coast of Florida.

That being said as the temperature begins to freeze up north I'm beginning to see a thaw here in the Bradenton/Sarasota area.

Our team deals quite a bit in waterfront. It is considering some of the premier real estate in these parts from Anna Maria Island on down.

Areas where I have seen no action for almost a year on waterfront I now see prices have fallen to a level where offers are starting to come.

When you can get open bay water in the low from the mid-$500k up, astute buyers know these are bargains.

During the hot market the same properties were fetching in the $800k and up range.

Knowing these properties are starting to move again on the local market level shows a positive sign towards a leveling out of prices.

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