Everybody knows that it's a Buyer's Market. Mortgage interest rates are ultra low, sales prices are lower than last year in most regions, and there still are some bargains to be had with the amount of foreclosures and short sales on the market and yet to come.
No doubt that the market is favoring the buyer.
Prudential Connecticut Realty
Folks, if you've been wondering 'Where's my bailout?" you don't need to look further.
This market is allowing those who are able to buy a dollar for fifty cents. And it is not disappearing soon.
Take a look at these numbers for Palm Harbor FL from the MLS and County database
Palm Harbor FL
Cash Sales 2011____636______YTD__30
In 2011, 45% of county recorded sales were outside the MLS
YTD 2012, 30% of county recorded sales are outslde the MLS.
There are multiple reasons for this but they all indicate a strong and sustained buyer market in Palm Harbor, FL. This is the only bail-out that the citizen will find. And it is likely to occur only once in a lifetime.
Three years from now, when the dust settles and your neighbor laments, "I wish I had the opportunity to buy some real estate," don't be found guilty of keeping this opportunity a secret.
Clearly, the situation is different in Queens. But, if your Queens neighbors have a desire for a slice of Sunshine, I will take good care of them.
Best of success in 2012
ReMax Realtec Group
Palm Harbor, FL
727. 420. 4041