Tuesday, October 28, 2008

Slip sliding away

I've been working with a couple of investors and first time home buyers recently looking in the Palmetto/Parrish area for some real bargains.

Up until even six weeks ago, heck no problem there were a bunch of foreclosures and short sales (pre-foreclosures) to choose from.

Now, not so much. Sure there are hundreds of foreclosure filings each month at the court house.

But the ones in the best condition and price are being snapped up faster and faster as they hit the market.

You could even get a decent house in a desirable community in Palmetto for around 100k not more than two months ago.

Now you will have to wait and see what comes on the market and then getting it will mean moving faster. The leisurely buying pace for bargains is no more.

Add to that the arrival of early Snowbirds and buying time is here again.

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

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