Saturday, February 16, 2008
Manatee County Real Estate Market is Active!
Hi Everyone. Well, the local real estate market is getting better still since my last post. I put together three contracts the last 10 days, one on a manufactured home, one on a condo, and one on a single-family home. So, our activity has been pretty much across the board. I've been busy! A lot of the activity, however, is still with the lower priced properties, but we are seeing increases in activity on more expensive homes, as well.I hope this is not just a seasonal thing and that this increase in activity will continue even after our tourist season ends about the end of April. With interest rates at historical low levels, I think it will continue. Isn't it hard to believe that a person can now get a 30-year fixed rate mortgage for somewhere in the 5.5 to 5.75% range? We are even starting to see investors coming back into the market (however very cautiously!). Folks, NOW is the time if you've been waiting to buy. Low Interest Rates, Huge Inventory and lots of selection now!Anyway, this is an entirely different market picture here in Manatee County than it was a year ago today. What a difference!I'll keep you posted on how this is going. Let me know your thoughts and experiences, as well. I'd love to have your post on my blog.Please go to my website at http://www.aliceohme.com/ for slideshows and virtual tours on all of my listings. I'm never too busy for YOUR business.Have a great day!Alice
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