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.
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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