Market Conditions in Daphne>Question Details

pattsfarm, Other/Just Looking in Marianna, FL

Why have so many houses been bought & sold in this area within a year?

Asked by pattsfarm, Marianna, FL Sat Feb 16, 2013

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Mary McNair’s answer
Reasons properties are sold are as varied as the people who own them. However, Daphne, and especially Lake Forest, seemed to have been hit extra hard with foreclosures over the past several years. Now that many of the bankruptcy properties are selling, those that have been wanting to sell who didn't need to do a foreclosure are finally entering the market. Buyers are also realizing that prices are starting to go up and properties are moving, so if you like a home, it's important to make your offer ASAP.

Please give me a call if I can assist you in visiting this or any other properties. I will gladly research active listings to target a search specific to your needs.
0 votes Thank Flag Link Sat Feb 16, 2013
Mortgage interest rates are still at historical lows. Many buyers are choosing to take advantage of this by purchasing homes.

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0 votes Thank Flag Link Sat Feb 16, 2013
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