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 Sunday, April 02 2006 @ 04:08 PM Eastern Daylight Time

Sarasota Real Estate - Florida, a buyers market

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Real estate in Sarasota, Florida is turning from a sellers market to a buyers market. Property available has increased 300% in recent months, which makes it a definite buyers market, whereas just a year ago, the opposite was true. Even as recently as last spring, it was a sellers market, with demand far outweighing available homes.

For those considering a move to the sunshine state, now is the perfect time, while sellers are lowering their prices to make that sale.

Sarasota is a growing area. For this reason, there is still good appreciation on properties, even if there is more available now than in the previous few months. With snowbird season, this surge in available properties may not remain, however. Interest rates are also favorable currently, another great incentive for the buyer. So, the Sarasota market is attractive right now for family homebuyers, as well as investors.
 
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Buyers Market is the New Trend in Real Estate

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When you check any recent news articles, you will read that the real estate market is slowing down. The banner years of 2004 and 2005 are now seeing a marked slowdown. But that isn’t all bad news. For the last two years, it has been a sellers market. Prices were skyrocketing, and sales were high, as well as appreciation values on the properties.

Many areas saw huge pre-construction sales, especially in the condo market. That trend is coming to an end. Investors are trying to sell off their properties, wanting to recoup losses, and that is flooding the market.
 
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$60 million Budget Surplus Result of Real Estate Boom

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General NewsOfficials said the money likely will be directed to school construction and other quality-of-life initiatives. The city is projecting a $60.6 million budget surplus this year. Baltimore's booming real estate market has left the city flush with cash.
 
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VN Real Estate Target of Singaporean Investors

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General NewsIn a report it says Singaporean companies working in the fields of real estate, investment consultancy, construction material production will come to Vietnam to seek business opportunities in the second week of March. The meeting between Singaporean and Vietnamese partners is scheduled for March 9 in HCM City.
 
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Value of Real Estate fund Wrote Down by Deutsche Bank

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General NewsThe German media had estimated a writedown of about 200-600 mln eur would be taken. Deutsche Bank AG's DB Real Estate unit has written down the value of its Grundbesitz-Invest fund by 2.4 pct, or 147 mln eur, to 37.17 eur per share as a result of weakness in the German real estate market.
 
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Online Real EState Company on a Slow Roll

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General NewsThe company's forecast for the current year led to a 28 percent stock-market pummeling Wednesday, as last year's booming housing market helped pump up 2005 profits at Kirkland-based HouseValues.
 
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Lower Interest Rates Not Improving Real Estate Sales

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General NewsLower interest rates didn’t improve the number of mortgage applications. They fell last week.
 
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Real Estate Slow Down Ongoing

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General NewsSo far this year, real estate sales are showing a cool down.
 
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Existing Home Sales on The Verge of a 2 year Low

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Alabama Real EstateA trade group reported yesterday, sales of existing homes dropped to their lowest level in nearly two years in January, and the number of unsold homes on the market rose. A survey showed a surprising dip in consumer expectations, and the Commerce Department revised upward measures of economic growth and inflation in the fourth quarter, also reported yesterday.
 
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Nearly 13% Increase Achieved by U.S. Home Prices

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General NewsShowing no signs of a slowdown during the period, federal regulators reported Wednesday, Average U.S. home prices leaped nearly 13 percent from the fourth quarter of 2004 to the same period last year.
 
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