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Diane Vespucci
"REMAX Top Proucer 2007"
- 1 Helpful Answer
- 6 Answers
- 4 Listings
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Specialties:
Residential Real Estate, Short sales, Foreclosures, Land sales, First time Home Buyers, Relocation,
Certifications
& Awards:
& Awards:
RE/MAX Top Producer
RE/MAX 100% Club ... show more
RE/MAX 100% Club ... show more
Interests:
Real estate, of course, family activities, gardening, the arts, cooking, ad
... show more
Diane Vespucci answered:
A turn around would be nice Cyg, but its not going to happen soon. People who can afford to wait to sell their homes are waiting. The homes on the market now that are selling are short sales, foreclsoures and homes that are competitively priced. There's a lot of inventory to go through. Remember, foreclsoures were halted for a while. There are more coming to market. Sales have been up in Florida for 4 months in a row, which is nice, but by no means an indication things have turned around. It took 15 years for the market to get to this low point again; it'll take a while for it to move in the other direction, but eventually it will and a normal rate of increase then is about 3% a year, based on past appreciation during such times.
Hope that helps. If you need more help, please feel free to call on me anytime.
Diane Vespucci; 904-347-3957; DianeVespucci@aol.com
Hope that helps. If you need more help, please feel free to call on me anytime.
Diane Vespucci; 904-347-3957; DianeVespucci@aol.com
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