The halfway mark

Back towards the end of February our company founder Gary Keller told us that we had six months of the worst economy in our lifetime.

Well, we're coming up towards the halfway point and it is time to gaze into the crystal ball.

Are loans being made to homeowners? Yes.

Is inventory dropping in Sarasota/Manatee counties? Yes

Are sales up? Yes

Do we have some more room to fall in prices? Yes and no.

If you are trying to buy a single family home under 200k we are in a seller's market. That market in both counties is hot.

Over 200k, still a strong buyer's market, still room for prices to fall.

The direction we're headed in.

Well, if the under 200k market for single family homes is drying up. The next logical step is the 200-300k market to start heating up. That may take a while.

But if the first three months is any indication we are full steam ahead to raising the price point in both counties.

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