According to economists speaking at Florida Realtors® 2013 Real Estate and Economic Forecast Conference in Orlando on December 12, 2012, the Florida real estate market should improve well in 2013. Fannie Mae Chief Economist Doug Duncan said that the number of distressed properties should be reduced by almost half. Also aiding the real estate recovery, mortgage rates should … Keep reading... about Economists: Florida real estate market improving
Home Buying and Selling
Multiple offers now common on South Florida homes
According to the Florida Association of Realtors and an article in the Fort Lauderdale Sun Sentinel, multiple offers and sales higher than asking price are becoming common. In the report, they cite a two-bedroom condominium was listed for $53,000. Unlike other condos, this one wouldn’t prevent the buyer from renting the unit in the first year. A fair price with no rent … Keep reading... about Multiple offers now common on South Florida homes
Markets improving in December, 2012
According to a report by the National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) as reported by the Florida Association of Realtors, there was a 60% surge in housing starts nationwide. View the report at: www.nahb.org./imi. … Keep reading... about Markets improving in December, 2012
5 Things That Turn Off Prospective Buyers
There is more that goes into selling a house than just calling a Realtor, sticking a sign in the yard, and "putting the house on the market." In fact, there are several important things that sellers should and must do in order to get their home sold in a timely manner. Your Suncoasteam is here to make sure that you don't make some of the common mistakes that sellers make. An … Keep reading... about 5 Things That Turn Off Prospective Buyers
Sarasota Housing Market: October 2012
By: Andy Richardson, REALTOR, Suncoasteam Realty Contact Andy: 941-276-5997, car@suncoasteam.com The Sarasota housing market posted robust numbers in October 2012. Sales, which totaled 719 properties, contributed to nearly a 24% increase from October 2011. Of the 719 sales, 516 were single family homes and 193 were condos. The sales numbers in October were also 10.9% higher … Keep reading... about Sarasota Housing Market: October 2012