Bradenton/MCC area

[Big House]

Originally Posted by gypsychic

Sorry, Lady, but I have to disagree with you here - in my neighborhood (Whitfield) activity has been very busy, and all the homes under $300,000 have sold. Also as far as Bradenton, despite it's problems I like that town, and there are some nice plans on the boards for downtown and that run-down area of North 41 - for instance there are going to be some artist loft/studios built on that large vacant parcel across from Chandler's - and the soup kitchen is moving from there. I know it won't transform overnight, but they are working on it and I give Kudos to them for that. Bradenton has a lot of potential, and it's my opinion that in a few years it will come up several notches as a great place to live.

BIGHOUSE - I completely agree with you - I am not a realtor, but I do keep up with what's happening, and sales are up, maybe just a little bit, but the market here is not dropping anymore, IMO. People are out here looking and buying.

The price of houses has begun to rise, sales have increased, and things are looking up! It can all change quickly though. The reason is that the government has made a hurculean effort to stave off the release of tons of houses that should have been released as foreclosure sales. If they allowed that back log to flood the market it would have an devastating impact on the housing market, dropping everyones house values and equity. I beleive the government is going to allow them to be released at a slow controlled pace until they are absorbed, keeping the housing market somewhat stable during this process. Eventually they will all be released and sold, but if they allowed them to flood the market all at once, it would be really sobering! By doing it this way, and only the government can, the market remains much more stable, even though it is kinda artificial.

[Ladywithafan]

Why, why don't they listen?