Florida Central Gulf Coast Market update

Holiday, Florida - Central Gulf Coast.

It is HOT down here... I think that we are in the dog days.... both weather wise and market wise.. ... it appears that people are looking, but they are looking for the "distress" properties..... It also appears that the short sales are very hot right now.... followed by bank owned or foreclosed homes.... In my neighborhood, Forest Hills, we had over 70 listings active toward the end of 2007 until about April or May of this year... Today there is 47.... That shows a start of some stabilization.... When the foreclosures and short sales start to evaporate, we should see the prices starting to hold and even rise a bit... It will b e a slow process and we will probably have some set backs along the way, but it will happen... ... We are investing more in Realtor.com marketing because that has been the place where most people go to look for a house..... The so called "Market Experts" are all saying it will be starting to improve in 2009..... I will go out on a limb and say that the signs of improving are starting right now.... Let's just hope that they continue... If you have any questions about the market, short sales, foreclosures or anything Real Estate, you can call me anytime at 727-458-2835 or email mailto:JoeSOld@JoeSKiRealtor.com Or you can reply to this post or create a new topic right here...