Wednesday, December 10, 2008

The lower the hotter

So you are thinking of bargain hunting in Manatee County for under $200,000.

Get your running shoes on.

The hottest market is the 100k to 200k.

Frankly, from experience once you get under 100k in asking price, well, you need to be thinking of putting in a tidy sum of money to fix up the house or give up a desirable location.

Pending sales in November for the 100k to 200k market were up nearly 60 percent over last year. More than 130 percent over the last 15 months.

Those foreclosures and other bargains are driving the market in the affordable price range.

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

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