Recent national statistics continue to point to a real estate market that is slowly on the path to recovery. I would point out that each area is different and some communities are recovering quicker than others. Our Sarasota market continues to see a leveling out of inventory and strong indicators that the worst may be over for us here. In fact, our market in the under $250,000 - $300,000 has developed into a Seller's market recently! If there is a home that is in good shape, and priced properly below $300,000 - we are seeing multiple offer situations across the board. For more information on what is happening nationally, check out the video below:
ChangingStreets.com - Raleigh, NC
That is great news in your market, we are seeing the same in Raleigh and Detroit. I am cautiously optimistic.
Nov 13, 2010 03:25 AM
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