Our area market has seen sales and pending sales continue to rise significantly over the past 3 months. A big portion of these have been "short sales" and bank owned homes. Values have dropped to the level where buyers are finding exceptional value and mortgage rates at historic lows. First time homebuyers are finding homes that were unaffordable just a few years ago. With the first time homebuyer (not owned a home in past 3 years) tax credit of up to $8,000 , a new level of buyer motivation has fueled the uptick in sales. Bottom line is if you are a serious buyer for a second home, moving up in size, or a renter looking to buy for what your paying in rent, your timing of a purchase now could not be better.
ZIP Codes: 34285, 34286, 34293, 34275, 34229, 34231, 34232, 34240, 34243 Approximate Location Boundaries: Sarasota & Manatee County
Location Characteristics: Sarasota Florida is a beautiful West Coast city on the gulf loaded with white sandy beaches, great schools, theatre, museums, and a lifestyle that is easy to become accustomed to! Just south of Tampa Bay an hours drive,, we are within 2 hour driving to Orlando and all the theme parks.
About Michael Herschberger:
Keller Williams agent in Sarasota, Fl. living in "Paradise" for over 20 years. My knowledge of the real estate market and my desire to find that perfect home, have enabled me to provide that special service you deserve.Contact me for a "free" dvd marketing video. I go through step by step, my marketing plan that has been a proven sucess for my satisfied clients.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
