Just a bit of reality

Get it real, get it sold.

It still amazes me in this market I still see homes so over priced, well it in fact does make me chuckle.

The same seller's are going through agent after agent that doesn't sell their home hoping the real estate fairy will touch them with their magic wand for their overpriced property.

OK, this is the market place, not a fairy tale.

For the near future foreclosures and short sales are going to continue to set the pace for prices on the market.

If you are trying to sell your home and you can't compete with those prices, here is my sage advice, get out of the market for now.

It isn't the marketing, it isn't the staging, it is all about the price.

Homes sales are only about three items. Condition, location and price. If you have the first and you have not sold your home, see number three.

If you have to sell, well see the line above about the foreclosures and short sales.

Prices have not stabilized, they continue to drop in the over 200k range for single family homes in Manatee and Sarasota counties. When that changes, maybe the real estate fairy will return.

All the best
Greg Owens PA
Keller Williams Realty of Greater Manatee
941.932.6343