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Old 09-01-2007, 08:00 AM
 
3,842 posts, read 9,414,667 times
Reputation: 3189

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If one takes the time to drive throughout the cities in SW FL [Sarasota through Naples], they will see this is not necessarily the time to buy. How many homes are for sale in the area...close to 25,000 in Lee County alone...and this does NOT include condos!!!! I've heard Sarasota County is close to the same.

Someone please tell me when 50,000 homes in a 75 mile stretch of area are going to sell?? Yep, with all the professions swarming the area, I am sure it is a matter of weeks...

I mean, if one feels they are getting a great deal, so be it. Maybe they are; none of us hold the crystal ball.

Still, I can't see how some of these areas, especially the developments, are NOT going to be dropping prices. We've driven around just for the heck of it in the new developments & they are ghost towns.
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Old 09-01-2007, 01:54 PM
 
238 posts, read 990,668 times
Reputation: 127
I sold two homes in Manatee county this past month, and it IS hurricane season. I didn't expect to sell. One I came down $8000 on and the other I turned down their offer, then the original people payed my price for it. I didn't have trouble, I had them listed last summer and not much luck. I had to get the renters out but they understood that from the beginning. I'm glad I have nothing left in Manatee County though and if we have storms that's two less worries. I know people that have had good luck lately so it seems to me it's turned around a lot.
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Old 09-01-2007, 08:25 PM
 
Location: PSL FL
573 posts, read 2,214,953 times
Reputation: 113
We sold our home two days ago. We had our house on the market for 4 1/2 months. One of my co-workers sold his house in 4 months. Yes, we came down in price, but we got what we needed. I'm a little sad since it was our first home, but hey, less stress for us since we have a house in NC that we will be moving into in two weeks.....and we managed to only have one mortgage at a time...Wow, a big weight has been lifted.
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Old 09-02-2007, 02:37 AM
 
Location: Cape Coral
172 posts, read 782,565 times
Reputation: 44
well in cape coral things arent good at all.

on a maybe 5 block stretch of road on skyline blvd in between cape coral parkway and the walmart store. i counted no less than 35 for sale/rent signs and about one and half of those blocks are empty lots and businesses
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Old 09-02-2007, 03:35 AM
 
Location: US
3,092 posts, read 3,443,993 times
Reputation: 1639
dd - I am so happy for you. You must be breathing a lot easier. Good luck on your move.

Homes that are around me have been selling a little more quickly and a few that have been on the market a while a street over from me have not. One that was on the market for a year--a nice 4/2-- sold with no reduction in price much to my surprise, a 3/2 went for more than the asking price--the seller raised it slightly 8/1 and it sold. We're just watching.


Quote:
Originally Posted by ddlove01 View Post
We sold our home two days ago. We had our house on the market for 4 1/2 months. One of my co-workers sold his house in 4 months. Yes, we came down in price, but we got what we needed. I'm a little sad since it was our first home, but hey, less stress for us since we have a house in NC that we will be moving into in two weeks.....and we managed to only have one mortgage at a time...Wow, a big weight has been lifted.
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Old 09-03-2007, 07:38 PM
 
Location: PSL FL
573 posts, read 2,214,953 times
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We are so grateful we sold. We just saw a two story 4/2/2 1/2 home for sale for 199K!!! We sold for 210K but ours was a 3/2/2 pool home. I would think the 2 story would go really quickly. It's a nice house, I drove past it...ya know curiosity killed the cat : )
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Old 09-03-2007, 08:34 PM
 
Location: Jax
8,204 posts, read 32,163,153 times
Reputation: 3392
In Jax, it seems houses under $200k are moving at a good clip when you can find them (not a whole lot of decent housing under $200k here), under $300k a little slower, over $300k is where our saturation is - sooo many new/newer houses for sale in the $300's, $400's, etc.

There are buyers out there - one of my family members just closed on a house. He wanted to be in one particular part of the city, but had a fairly wide price range he was looking in, so he looked at many, many houses. He ended up choosing an older home in an older, established part of the city. I think both sides of the deal (buyer and seller) were happy with the price and the deal went through very smoothly.
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Old 09-03-2007, 08:57 PM
 
28 posts, read 176,394 times
Reputation: 50
I sold my home in Sarasota last Friday YEA!!! THe market value of my home is $315,000 I sold for $190,000 and It still took 6 months to find a buyer! My wife and I are so happy We feel blessed to be able to move 26 acers off the Blue Ridge Parkway with a trout stream, springs,and folks who care about each other. LIFE IS GOOD!!! we are paying less than we sold for.
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