Bottom's out, market's up, Welcome back Florida

By
Real Estate Agent

Just to reinforce the message, psst, the Florida real estate market is back.

 

Sarasota and Manatee counties have seen a steady rise in prices.

 

Inventory continues to decline, think less than a month supply of single family resale homes available under 100k and two to three months under 300k.

 

Multiple offers are no longer unusual.

 

Builders and developers are snapping up vacant land again as they try and meet the demand with the lack of resales on the market.

 

The bottom was mid-2009 according to information put out by the Florida Realtors association.

 

All the best

 

Greg Owens P.A.

Realtor

TeamWorks/Keller Williams On the Water

941.932.6343

greg@teamworksfla.com

www.teamworksproperties.com

 

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