Friday, January 08, 2010

Looking into the future

As I gaze once again into the local real estate market crystal ball I see... more of the same.

We are still going to be going through a market where prices are driven by foreclosures and short sales in Manatee and Sarasota counties.

For equity sellers, those who have equity in their homes, it means the competition with distress sales will continue to hold the prices down.

The are still a number of foreclosures coming on the market and the short sales are continuing to dominate the market.

The market prices appear to be headed to remain flat or slightly lower over the next couple of months.

Greg Owens P.A.
Keller Williams On The Water
941.932.6343
greg@teamworksfla.com
www.teamworkfla.com

0 Comments:

Post a Comment

<< Home