What happened to all the negative Real Estate stories that were being published/aired day-in and day-out in recent months???
Has the media given up on the fear-mongering and decided the real estate market "horror story" just doesn't rate the front page anymore?
Have you noticed more and more cars slowing down to look at homes for sale?
The answer to all these questions are: "who knows", "YES!", and "ABSOLUTELY!"
The BUYERS ARE BACK - with their low offers. Nevertheless, the market has recognized the bottom and that is why my phone has been ringing off the hook! Although buyers are submitting lower-than-preferred offers (I wrote 2 on my own listings alone), they are only doing what comes naturally - looking for all those well-publicized "deals" we keep hearing about.
According to Ken Harney in a special article to the Times, NAR research indicates actual home prices in the Tampa/St. Pete actually INCREASED 9.6% from 3Q '05 to 3Q '06!
What does that tell me??? Keep my cell phone batteries fully charged - 1Q & 2Q of 2007 should be busy!!!
Wednesday, December 20, 2006
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