Housing prices are highest in six months
Posted by Shayla Twit on Thursday, January 28th, 2010 at 10:41am.December prices in the Sarasota-Manatee County area were up by about 5% from a year ago. The median prices was $167,400, which is up 11.8% from November's median sales figures.
The rise in prices have brought out potential buyers who had previously been on the fence. The increase is also important to the recovery of our local economy. And with home equity on the rise, it increases the buyer's mindset as to the future potential values of their properties. In turn, we hope it will stimulate the local economy as well.
We are also starting to see investors come into the market, which is a great sign to the turnaround of the market.
"Oh, By the Way... if you or someone you know is considering a purchase or selling, I would love the opportunity and am never too busy for any of your Referrals. THANK YOU!"
Shayla Twit
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