Wednesday, May 11, 2011

They call it the streak

Zip. What was that?

That was foreclosure property on and off the market in a matter of hours.

That is how fast they are moving.

The good news is their are fewer and fewer on the market in Sarasota and Manatee counties which means more buyers will be looking at regular sales and short sales.

Remember national statistics show 70 percent of homeowners don't even try to short sale their home before it goes in to foreclosure.

We need to stop that madness. There are a large number of reasons not to go in to foreclosure.

For regular sellers, well prices are not going up, but again the number of distress properties to compete with are diminishing.

If you need to sell the opportunities are improving.

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

We are in the commercial zone

Yep.

Teamworks has started its own commercial real estate team.

Using the expertise of agents brought on with commercial experience and adding our own expertise at selling property we have launched a commercial division for Teamworks.

We now have several foreclosure, short sale and equity sale commercial real estate for your associates to purchase.

You know us for being the top of the game in residential, we are headed to the top of the game for commercial real estate.

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

Thanks again to our clients

Thank you again to our current clients and to you our future clients.

Through you we are now in the top 175 teams for all of Keller Williams Realty across the U.S. and Canada

Within Keller Williams there are 4573 teams and more than 80,000 agents.

Our goal is to be number to be one and the number one choice for your our clients, your friends, your families and your associates.

Thank you again.

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

Monday, May 02, 2011

A new era in distress properties: Commercial

We are entering a new wave of foreclosures and short sales.

Not houses this time. Commercial buildings.

As the commercial loans begin to reset the lenders are starting to see an influx of commercial property loan defaults.

Not unlike the residential crisis in Manatee and Sarasota we are starting to see commercial short sales and foreclosures begin to climb.

Some pundits say this is either going to be minor or not an issue.

I beg to differ.

We have seen a number of commercial foreclosures come across our desk and are told more are on their way.

We are seeing clients looking to short sale their offices instead of being foreclosed on.

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