What a great question!
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