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184 days ago
What an exciting time in Southwest Florida for Real Estate sales. It might not be the best time for the sellers but an offer on your home is better than it just sitting thre with no action what so ever. The news that is reported by the National Press about the market is again slow to react to waht is happening on a daily basis here. We are starting to see the low end, "toxic assset", being purchased...mostly cash buyer but there are FHA and VA sprinkled in there. That is making the inventory shrink and the rest of the market values start rising. The real problem with this market is trying to get the financing needed to buy a home. Lenders are looking for any reason not to loan money and are closely examing every loan and every aspect of the loan. If apparisal do not seem right, they get another one done; ever deposit a buyer makes into his account most be example. The good news is the market is moving and MAYBE we can talk about some new homes starting real soon....
