Sunday, August 10, 2008

Sarasota FL Real Estate Market

Enjoying a walk on the BeachThe Sarasota real estate market is definitely offering some wonderful properties at huge discounts these days. I contacted several of my Internet marketing partners and asked them about their local real estate markets to see if this was true in other areas. Since CNBC has something different to say every day, I thought I’d get comments from realtors in my referral network about their areas.

State of the Market From Realtors in My Referral Network:

Condo in Myrtle Beach South Carolina The Myrtle Beach condostore people urge anyone who is looking for the rock bottom deal or foreclosure homes to act soon. Prices have pretty much bottomed-out and inventory is going fast. Oceanfront condos in Myrtle Beach can be had for prices equal to 2003-2004.

Like many of the smaller residential areas, Greenville SC home sales were not that much affected by the 2005 boom, and therefore still offer a good market for both buyers and sellers. Greenville has something for everyone, from downtown condo living to gated senior golf communities.

North Texas Home
North Texas Realtors report sales from Flower Mound Tx real estate and Frisco Texas real estate are remaining very affordable and offer a great alternative for retirement or suburban living. Prices there are stable and great deals can be found.

The consensus in Myrtle Beach, Greenville, SC and from my Texas network is "great inventory and affordable prices won’t last forever". When real estate hits the bottom, it will be too late to know. If you are buying Sarasota FL Real Estate I would agree with my network. Affordable prices, a great selection of inventory with these interest rates won't last forever. Once interest rates rise, prices may go a little lower but over the long run, buyers will pay more -- unless of course, it's a cash purchase.

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