For a few months now, we have been advising people that the conditions are right to buy your home in Sarasota. Low interest rates, high levels of inventory and the lowest prices in years seemed to be the perfect mix of ingredients to make this a hot buyers market.
But sometimes, you get the feeling that as a REALTOR, people think it may be hype, designed to generate sales for yourself. That is why it is with great relief that I report the following:
A 5-quarter study by the University of Florida in Gainesville was released this week stating that "if you are thinking of buying a home, there is not much to be gained by waiting any longer" . The study found that home price movement is maintaining the same pace as inflation, which is a benchmark for the study. "It indicates the market is stabilizing".
The stabilization of the market came earlier than expected, and is not expected to hit all areas of the state equally, but the South Florida market is included. I have long maintained that purely from my own observances, the buyers were venturing back. Hopefully, the UF Study will convince folks that it really is a fantastic time to buy into Sarasota County - lets face it, those Gators have got a pretty good streak going!
Buyers market, Buyers Agents, Buyers Rebate - its all about the Buyer at True Real Estate. Call us today.
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