Thursday, January 28, 2010

What a difference a year makes

Yep. Last year at this time it was get those prices down. The worst is yet to come. Blood in the water, sharks out there....

You get the picture.

Hmmm, median prices are starting to rise, sales are way up both for condos and houses, there are buyers out there. What a difference a year makes.

Inventory is at acceptable levels. It is still a buyers market but under 250k for single family homes that situation is changing quickly.

This means sellers who have equity in their homes, have the motivation to sell now, can come away OK.

The distress sales, foreclosure and short sale, continue to keep market prices down.

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

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