Monday, June 02, 2008

Times are changing

Change is constant.

In the real estate market for Manatee and Sarasota counties this has never been truer.

Our sales have been up and our prices down. Great combination.

Lenders are talking about loan restrictions loosening up a bit in the next couple weeks.

The number of foreclosures dropped in the Manatee County area.

Not withstanding all those other economic factors there might be something in the air that we have not seen in a couple of years.

Market stabilization.

Not a dramatic drop (prices are still dropping) not a dramatic increase (stay away boom).

Inventory is dropping and that is also a good thing.

Maybe, just maybe, by the time we the fall comes around this market will have settled down.

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

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