Sailing away

Across the street from our office in downtown Palmetto, Florida there is a sail boat regatta today.

It's about 95 degrees out and sunny

Enough with how beautiful our area is, which why a lot of people want to live here, on to real estate.

For single family homes we are down to a 11 month supply in Manatee County based on sold homes. If you consider about this time last year that was 13 months and in 2007 is it was 19 months, you can pretty much tell where this market is going.

I can tell you from recent experience the pickings are a lot slimmer out there than they were even just a few months ago.

In addition if you are looking for homes that are not a short sale because you don't have time to wait 4 to 6 months to get in to a house well your choices get to be a lot fewer.

It also means seller's are starting to dig in their heels on prices a little more.

It doesn't mean there aren't bargains still out there it just means we are getting back to a normal market.

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