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Is Now the Time to Buy in Sarasota?

February 17th, 2007

With the balancing of the Florida real estate market, you might consider contemplating a real estate presence in Sarasota.

Why would you buy in Sarasota? Should you go about beginning your search now or wait until prices drop more, if they will? There are many good opportunities now if you are looking for a retirement home, a second home or an investment! Here are some key points to consider.

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Sarasota real estate is now a buyer’s market

  • Large inventory of homes versus lower demand equals more competitive pricing
  • Buyers currently have more negotiating power due to increased inventory
  • Buyers have better selection in today’s Sarasota real estate market
  • Sellers are now competing for buyers instead of fielding multiple offers
  • Continuing influx of new residents to Florida and Sarasota, especially baby boomers and younger adults
  • Interest rates now near historic lows
  • Job growth, which remains steady and strong
  • Cyclical nature of the real estate industry is historically positive

    • Is now the time to buy? There are recent market indicators that home prices in Sarasota have begun leveling off. Home sellers are becoming more flexible in their negotiations with buyers.

    Don’t miss the opportunity to buy on the dips in Sarasota! Don’t sit on the sidelines saying: “Coulda, Shoulda, Woulda!”

    If you think now is the time to buy in Sarasota Florida, Annette Smith with RE/MAX Properties is available to help you be an informed home buyer or home seller in today’s changing Sarasota real estate market.

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    One Response to “Is Now the Time to Buy in Sarasota?”

    1. on 08 Sep 2007 at 8:03 pm   golf-open-ticket.1golftime

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