Bumping along the bottom

Buyers beware!

We've started the bump across the bottom.

According to the latest market stats the skid probably came to halt a little over two months ago for Manatee and Sarasota counties.

Yes, there still is as always a lot overpriced inventory on the market but that 20 percent that is priced right and in good condition for the market is moving and moving fast.

As always there will people who say, yeah, but the market is still sliding in other parts of the country or other parts of Florida. Great but it may be raining there to but it isn't here right now.

Some real estate markets (think Manhattan for instance) went up in pricing during the slump.

There is still a lot of inventory out there but the well priced and good conditions homes are being picked through fast. What you will be left with are homes that are in poor condition with a good price or good condition with a higher price.

I am a Buyer's Specialist. I wanted nothing more than to see the strong buyers market continue. For me everyday has been a trip to Disney World for the past year or so.

My clients got to chose the cream of the crop at the price they wanted to pay. Those days are dwindling away.

All the best
Greg Owens PA
Keller Williams Realty of Greater Manatee
941.932.6343
greg@teamworksfla.com