The media has managed to convince everyone that the real estate market is at a standstill. Now, obviously we cannot say that the market is healthy - however, as a foot soldier in the Sarasota real estate market I can say this - alot more people are buying than you may think.
Many of my recent offers have run up against multiple offers - with so many homes on the market this clearly points to the fact that the good homes, the good values, are still generating interest.
A recent buyer quipped that no one else was in the market because "no one can get a mortgage". Another stated that he was probably "the sole buyer in the market." Both statements couldnt be further from the truth - there are many buyers taking advantage of the deals this market can offer.
The obvious problem with thinking that "no one else is buying" is getting nonchalant about making an offer on a home you love, thinking it will be there in a few months. We've seen several heartbroken prospective buyers as they watched their dream house (or plot of land) purchased by someone else.
The principle holds even in this market -if you are truly in the market to buy, and you find the perfect place for you, its best to try to buy it. We can negotiate, we can deal, and we will make sure you never overpay - but we can't guarantee someone else won't steal it from you if you wait too long.
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