Wednesday, June 02, 2010

Tempting

A lot of the media is talking about the increase in prices and sales of both condos and single family homes in Sarasota and Manatee counties.

I get quite a few calls from people who are tempted to put their house on the market.

These fall in to two very distinct categories.

Sellers who know that prices have fallen back to where we were in early 2,000 and are realistic about the market.

Sellers who don't know about the market and are just trying to find out what is going on and are little bit shocked about the pricing in their neighborhood.

The good news is their is opportunity for both.

The sellers who know the market realize they will have to price their homes aggressively to compete with large number of short sales and foreclosures that still dominate our area.

The sellers who don't know about the market are finding out that available inventory is dropping and that prices are slowly creeping back up.

For the latter, depending on when they bought, the opportunity to sell get more than they paid could be months instead of years away.

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

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