Hi Everybody,
The Manatee County Real Estate market definitely is getting better. My whole office has had a really good month or two. A number of properties that have been on the market for a year or two have all of a sudden sold. Of course, prices have really gotten down there, as well. It will be interesting to see if this trend continues when all our snowbirds go home, which is happening right now. I think the condo market may slow a bit, but I see no decrease in the number of potential buyers out there for single-family homes. It is important to note, however, that buyers are really taking their time making a buying decision and looking at everything on the market in their price range and geographical location. Mortgages continue to be somewhat of a challenge, but if a buyer is well qualified, it really isn't a problem. Even the marginal buyers can get a mortgage, but should expect to pay a little higher interest rate and fees.
All in all, I think the market look good and I look for it to continue the upward trend.
I'll keep you posted.
I invite you to post here your real estate experiences.
Check out my website at http://www.aliceohme.com for slideshows and virtual tours on all my listings.
Alice Ohme
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