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BARGAIN HUNTERS SWAMP LEE COUNTY MARKET
April 9th, 2009 12:41 PM

The latest Credit Suisse Lee County Real Estate market study released today has the following quote in it:

"While it may be early to call this a true bottom since all of the activity is on the distressed side and foreclosures continue at a rapid pace, it is certainly encouraging to see that there seems to be a clearing price in the market. The only problem is it may be a painful mark to hit for traditional (nonforeclosure) sellers. Home prices continue to fall as foreclosures drive almost all sales activity."

Potential Buyers who really do not want to miss the market take note.  Start planning your buying trip during "off season" -now thru October.  Having been in real estate sales here for 23 plus years, my local market knowledge tells me that many non foreclosed or short sale properties have better prices than their foreclosed brothers and sisters.  Many Sellers have become realistic and aggressive. 

Remember: Many of them want to buy a bigger smaller or different type property for their lifestyle so they want to take advantage of the lower prices while they last too!

Buyers should keep in mind that not all bargains, foreclosures and short sales, are the best buys for you just because they're cheap. Price growth and your lifestyle may make another property better for you in the long run.

Please feel free to put my counseling and expertise to work for you. Contact me at 239-765-5478 or jerry@765LIST.com

   


Posted by JERRY TATARIAN on April 9th, 2009 12:41 PMPost a Comment (0)

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