Monday, February 01, 2010

The shifting market

The bargain finders coming Manatee and Sarasota are quickly finding out what looks like a steal often is not.

The vast majority of buyers these days find their selection of homes on the Internet.

Often they will see homes that look great with amazing prices on the web and then come here to find out the homes that the location is no where near where they wanted to be.

As the old axiom goes. If it seems to good to be true... (it probably isn't).

Think of this, Manatee and Sarasota for the most part are coastal communities, with white sand beaches and all the amenities. The land values reflect that.

Some buyers get sticker shock when they see a home under 200k that they thought would be one of those great bargains.

Yes, it is a bargain these days because the same home cost twice that much a few years ago during the real estate boom.

It is probably safe to say you are not going to get a beach front mansion or even across the road from the beach for under 200k in this area any time soon or in the near future.

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

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