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08-03-2009, 04:47 PM
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Senior Member
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Join Date: Jun 2009
Location: St. Louis
255 posts, read 155,925 times
Reputation: 85
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Question about recent real estate activity
I have been watching several condos on SK and LBK for some time now. In the last 2 weeks half of those are no longer listed and I assume sold/offered. Some of these condos have been on the market for a year and the list prices hadn't changed so I was surprised at all the activity. I should add that the condos that I am watching are all on the low-end of prices, under $250k, and as of last week there were at least 4 on Siesta Key under $200k. They are all gone today.
Are you guys noticing that the low-end properties are moving? One wonders if these are speculators acting on the news about June home sales being higher than anticipated.
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08-03-2009, 05:03 PM
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Senior Member
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Join Date: Feb 2007
12,387 posts, read 14,276,715 times
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article about foreclosures in Sarasota area says that numbers are stabalizing
my daughter says that just homes on the market in the Nokomin/Venice area are less than when they were looking this winter/spring...
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08-03-2009, 06:41 PM
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Not a member
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Join Date: May 2009
93 posts, read 116,418 times
Reputation: 43
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$250,000? Why, That's Mere Pocket Change.
Quote:
Originally Posted by pdm_ad
I have been watching several condos on SK and LBK for some time now. In the last 2 weeks half of those are no longer listed and I assume sold/offered. Some of these condos have been on the market for a year and the list prices hadn't changed so I was surprised at all the activity. I should add that the condos that I am watching are all on the low-end of prices, under $250k, and as of last week there were at least 4 on Siesta Key under $200k
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Yeah, that's way on the low end. Silly, everyone on city-data has plenty more money than that. |
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08-03-2009, 09:10 PM
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Senior Member
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Join Date: Jun 2009
Location: St. Louis
255 posts, read 155,925 times
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Quote:
Originally Posted by cameraLens
Yeah, that's way on the low end. Silly, everyone on city-data has plenty more money than that.
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200-250k is the low end on Siesta Key, unfortunately. |
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08-03-2009, 10:14 PM
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Real Estate Agent
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Join Date: Dec 2007
Location: North Port
6,021 posts, read 6,707,820 times
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Yes, we are seeing a big change in activity. Like you mentioned, many of the homes that have been sitting on the market are now moving. I haven't had time to pull stats lately but I'll try to pull some in the next few days.
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08-07-2009, 01:51 PM
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Senior Member
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Join Date: Jun 2009
Location: St. Louis
255 posts, read 155,925 times
Reputation: 85
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Disregard the original post, the website I have been using was messed up and nothing under $225k was showing. Then on Wednesday I noticed all the properties in question had returned. Damn realtor.com
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