Lookng for bottom, you probably missed it

If you were looking for the bottom of the market in Sarasota and Manatee County you probably missed it.

As a Buyer's Specialist I like nothing more than seeing prices drop and putting in lower offers betting on where the market will be in a month or so.

Unfortunately all good things come to an end.

First, if you are looking for a sign stop looking at national statistics. This is the Sunshine Coast of Florida, beach, sunshine, beautiful water. Most people never get bored of that.

Here's the scoop our prices dropped like a rock over the past couple of years(for the most part there a few people still waiting for the Real Estate Fairy to wave their magic wand and make their overpriced home be gone).

We have had an overall three month trend of dropping inventory and increased sales.

We are seeing bargains like well priced foreclosures (yes, even foreclosures can be overpriced for the market), being sold over list price with multiple cash offers within hours of being put in the market.

We're talking over price cash offers no contingencies.

What does that mean for the fence sitter?

You missed the bottom but you want to get off the fence now before the prices start to climb again.

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