quicksilver: Is The End in Sight?
- 02/01/09 03:16 AM
Despite the economic doom and gloom being put out daily by the mainstream media, it seems there may be an uptick in the current residential real estate inventory absorbtion rate. In my market, central and southwest Florida, indications are that buyers have gotten off the fence and are starting to make real estate purchases again, especially as concerns distressed real estate. The rate of incoming offers on listed properties is up, and more importantly, the rate of closed sales is up. That's good news. It means that buyers are tired of waiting for the pricing bottom, that they see value in the … (0 comments)
Despite the economic doom and gloom being put out daily by the mainstream media, it seems there may be an uptick in the current residential real estate inventory absorbtion rate. In my market, central and southwest Florida, indications are that buyers have gotten off the fence and are starting to make real estate purchases again, especially as concerns distressed real estate. The rate of incoming offers on listed properties is up, and more importantly, the rate of closed sales is up. That's good news. It means that buyers are tired of waiting for the pricing bottom, that they see value in the … (0 comments)
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