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Old 09-08-2007, 08:21 AM
 
960 posts, read 1,687,682 times
Reputation: 409

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Quote:
Originally Posted by waiting View Post
Investors did not leave as quickly as they jumped in; such dramatics.
This is the way you see the world and I'm glad you said it was your
opinion.
But this forum has a lot of gloom and doom, buyers that are trying to get houses cheap and false percentages are being thrown around.
I quoted my source, Money magazine, said that the Sarasota market will
be turning around in 2008.
Where did you get DOOM and GLOOM? DOOM and GLOOM is in the eye of the beholder. In case you forget, when prices where escalating out of the reach of hardworking policemen, teachers, nurses, etc. NO ONE was calling it DOOM and GLOOM.
You call it DOOM and GLOOM because sellers are not being able to sell their homes at over inflated prices.
For those of us, who just 5 years ago could have bought a home in Sarasota County, (before "investors") these threads are a glimmer of HOPE !!!
I think GREEDY property owners, who were in charge of the market are now getting WHINY because they aren't in charge anymore.
Oh, and Money Mag can print all they want about Sarasota.... It's the teachers, nurses, firemen, electricians, etc who will let you know when the market has corrected.
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Old 09-08-2007, 11:54 AM
 
265 posts, read 665,105 times
Reputation: 102
The two posters ahead of me prove my point; buyers that want to buy the
house of their dreams ~ on the cheap.
Your anger toward me and in general, is unwarrented.
Houses are cheap now, go buy one.
You want deals as though the last 5 years didn't happen.
And I can have an opinion about any damn thing I want including
a opinion about your anger.
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Old 09-08-2007, 01:02 PM
 
960 posts, read 1,687,682 times
Reputation: 409
Quote:
Originally Posted by waiting View Post
The two posters ahead of me prove my point; buyers that want to buy the
house of their dreams ~ on the cheap.
Your anger toward me and in general, is unwarrented.
Houses are cheap now, go buy one.
You want deals as though the last 5 years didn't happen.
And I can have an opinion about any damn thing I want including
a opinion about your anger.
I don't have any anger towards you. That's unfortunate that you misinterpreted what I had to say. I thought we were voicing opinions.
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Old 09-08-2007, 03:19 PM
 
265 posts, read 665,105 times
Reputation: 102
Quote:
Originally Posted by Carbondated View Post
I don't have any anger towards you. That's unfortunate that you misinterpreted what I had to say. I thought we were voicing opinions.
I was actually referring to Old Man Winter.
If this forum isn't about opinions, then I don't know what is.
If I want facts, I'll go to a trusted news source.
I just can't read the stuff that buyers are typing out in this forum.
It's a buyers' market right now.
Take advantage, if you can.
It'll change soon.
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Old 09-09-2007, 12:50 AM
 
611 posts, read 1,991,431 times
Reputation: 234
The majority of the subprime resets are still months away. The realtor shills were predicting a recovery by this summer. They have been wrong for months now. Not that they have a biased viewpoint though. When a $300,000 home can be rented for $1200 you'd have to be crazy to finance it with a $2500+ mortgage, tax and insurance payment and risk losing your down payment to boot. I'd rather wait a year or two and buy at a 2-4% increase than take a chance on a 20% or greater decline.
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Old 12-03-2007, 03:04 PM
 
Location: Florida
2,209 posts, read 7,656,129 times
Reputation: 638
LOL, slow recovery. Yeah, so slooooow it's still going down.

pa1975, I am not aware of any authentic Asian ( of any kind ) restarants in Sarasota. Kindly illuminate the terrain here.

I agree with you on Nokomis.
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Old 12-03-2007, 03:04 PM
 
Location: Naples
672 posts, read 905,628 times
Reputation: 63
Default We just bought in Naples

Made offer last week, went to contract few days later, and closing this Friday. Asking price was $350,000 and we got it for $285,000. Our initial offer was $275,000. Basically, it was a cash offer and told them up front we wanted to close immediately. The original owner (deceased brother) bought it in 2001 for $235,000. It is a single family, almost 2300 sq. ft. under air, with lakefront and golf course views.
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Old 12-03-2007, 06:36 PM
 
65 posts, read 248,527 times
Reputation: 32
Default good move hockey mom

The prices are dropping some what and if a home is in the 285K range for 2300 sq ft than thats a good deal. 300 to 400K for a 16oo sq ft is crazy but a couple of years ago thats what it was. If you were crazy enough to buy than don't complain. The job market is tuff right now and olaces like Venice don't want new industy here so the turn around in Venice will bevery slow. The seniors don't want the change here and I'm getting to the point that I don't want it here either.
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Old 12-03-2007, 08:30 PM
 
Location: Florida
2,209 posts, read 7,656,129 times
Reputation: 638
I sold my house in Boca Raton for approximately $110 per ft ( under a/c ) in 1999. It had an Alno German Kitchen, and was essentially fully renovated on 1/3 acre with mature landscaping in the hottest neighborhood in W Boca.

It went to almost $250/ft in 2005. Similar houses are now listed in the $170/ft range. It's just not worth that as far as I'm concerned.

I think it's worth 90-110. No more. Lesser areas and neighborhoods should be less accordingly. Better neighborhoods of course will bring whatever the traffic will pay.
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