Wednesday, October 12, 2011

Sign of a Recovering Market?

Today I received a lead from my website www.davidbarrhomes.com asking for foreclosure listings.

I was pretty shocked to see only 35 single family, 3 BR homes between $50-90K in Sarasota and Manatee Counties, the pricing sweet spot for potential investors.  You can see those properties in this link:  http://bit.ly/oWTzcT

This is a very low number considering North Port was the epicenter of our local market's real estate downturn.  I had clients looking at properties in this area last year, and there were a lot of newer homes with pools under $100K.  Now, the same kinds of newer homes in this price range come without pools.

Get ready for multiple offers on value-priced properties this season.  I've just been through two this week alone.  The market does seem to be recovering.

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