Most of this information will no suprise some of you, but it shocked me. Today I took a minute to look at the stats in my area. Well it was no surprise to me when I saw the year to year the Tampa/ St Petersburg area was down. The real surprise was that it was down about 25% year tot year. I expected that may it would be down about 5 to 10% but 25% that was off the cliff. I do primarily real estate auctions and a limited amount of traditional sales by listing properties. It is my understanding that the traditional real estate sales method is selling less that 4% of the active listings. The numbers that I just sited are August numbers. This is prior to the financial melt down, where are we now.
Bob Calistri, Broker
Real Estate Auctions, llc
www.realestateauctionsllc.com
bob@realestateauctionsllc.com
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