Pam Keen has two websites Http://www.PamKeen.com and Http://PensacolaFloridaHomesForSale.com They have both been updated with a new look and more information on buying and selling as well as featured listings. We are still working on finishing touches to both of these sites but I hope you will find them to be a valuable resource regarding buying, selling, renting and investing in the Pensacola area. I also have started a Blog, which you can access through my website under the About Realty Masters tab. I am not that good at it, but I will try to provide some good information to anyone who wants to subscribe..
2009 was a challenging year for real estate, but Realty Masters team of professionals rose to the challenge. We have managed to keep our properties rented and I closed 30 sales transactions, became a National Association of Realtors Certified Short Sale and Foreclosure Specialist as well as obtained the CRS designation and learned a lot in the process. I also attended both the Florida and National Association of Residential Property Managers' Conventions and brought back a wealth of information to my staff. I have completed several short sales this year, and am in the process of working on several more that we hope to close. If you need any info about short sales, email me and I can provide you a packet for your review. I am aware that many people have lost their jobs or had their income reduced, if you are in a hardship situation please contact me and lets discuss it. If you have decided you need to liquidate any properties, we are hoping this year will be better than the last year has been.
It is still a buyers market, but the $8000 first time home buyers tax credit was a boost for us and we were glad to see that it was extended and expanded to include $6500 tax credit for people who have been in their homes for over 5 of the past 8 years.
It may not be the best time to sell, but our inventory has been steadily coming down. Most prices are still lower than they were in 2004, condos and waterfront homes are the biggest bargains in our area, but there is a bargain for anyone who really wants to invest. I have several owners including myself who are using self directed IRA's to purchase real estate and the returns are really looking good, if you have an interest in this type of investment give me a call any time.
Pam Keen
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