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Sudden hot market on Anna Maria Island

By
Real Estate Sales Representative with Island Real Estate of Anna Maria Island, Inc.
Okay, so we don't want to brag, but we're suddenly hot as -- well, maybe hot as toast! -- here on Anna Maria Island. With a super tourism season mostly behind us, there has been tremendous interest on the part of frequent visitors in owning a part of our island paradise. At Island Real Estate, we've had 16 new contracts this month. Most years, we average maybe 220 sales on the entire island, of all kinds of properties, so for us to have this kind of production is pretty amazing. So who is buying? We're finding the old stand-bys are the most likely to buy. These are people from the MidWest or NorthEast who are thinking ahead to their retirement days. They want a nice spot near our sugar-white beaches, and feel reasonably comfortable that if they get a good enough deal, that NOW is the time to buy. Frankly, they're right. Even if the market dips a bit in the future, a great deal today is worth two slightly more expensive birds in the bush later on. Especially if there's a loan in the picture. Rates are already inching up a bit. So are we pleased? You bet. And is this one little hot spot in a dismal marketplace? Well, real estate is extremely local, as we all know, but there are other signs of life at least here on Florida's West Coast. Want more? My sales results will be coming out early next week. Go to my blog for personal opinion, at www.calltheislanders.com/myblog or to get the facts, go to www.calltheislanders.com/salesinfo. Or you could email at john@calltheislanders.com or call me at 941-685-8822.

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