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George Maglio, Other/Just Looking in North Port, FL

when do you think market prices will bottom in north port fl?

Asked by George Maglio, North Port, FL Thu Mar 5, 2009

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George,

For the most part they have.....

The North Port real estate market is so flooded with "short sale" and "foreclosures" these sales are defining the "new market" in this location.

We just closed on a property in North Port....3/2/2 constructed in 2001 in move in condition that sold for $59,500. The buyers monthly payment is in the neighborhood of $300 per month with a $6,000 deposit.
Can't immaging things getting better (or worse) than this.

If you are waiting, the result will be a deminished market opportunity and possible less savings because this is a "hot" loctaion for speculation at the present time.

We would be happy to find a similar opportunity for you....

Good luck
Susan & Bill Eckler

Michael Saunders & Company
billeckler@michaelsaunders.com
941-408-5363
0 votes Thank Flag Link Thu Mar 5, 2009
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