How is the Market in North Port and the surrounding areas?
I often get asked how the market is doing in the area. I thought I would blog today about an article I recently read.
This statistic was in the newspaper today: The Sarasota Association of Realtors had 1,017 residential sales in April marking the most since 2005. Just the 10'th time they passed 1,000 in a month in their 90 year history. "It is a totally different market now."
It went on to say that the homes under 125k are moving very fast. Is the article correct? Yes. In the last month I have written many offers, and many of those offers on foreclosure homes have gone into the dreaded "multiple offer" situation. It is not to say there are not deals available on North Port homes for sale...there are still many deals to be had. The key is, you have to be quick to find the homes, and know the market enough to be prepared to make a competitive offer.
That is where I come in (yes a shameless plug)... if you haven't done so already, register for an account on this website. Then go in and save a search with your desired criteria. I pay extra for this website to get a direct feed from the MLS...you will be notified daily of the news homes that hit the market that fit your criteria. When something new comes on the market, you will know first! Then just send me an email, or give me a call, and we can go see if it is the right home for you!
As I always say at the table when we are writing an offer...this is a big decision, I know the market is moving fast, but do not rush into a purchase this big without thinking about it. If you want the night to think about it before I submit the offer...I can always call the seller, and say they have an offer coming in ....tomorrow morning.
Have a great day!