Bradenton Florida Real Estate News

Thursday, January 26, 2006

Local Home Sales Continue to Drop ...

Local home sales fell 42 percent in December 2005 compared to December 2004. The hot 2005 market starting cooling in the last quarter of the year and resulted in a 16 percent drop in home sales overall for the year.

Yesterday I received an email from a new home salesperson announcing a $60,000 price reduction in their homes priced in the $400,000's. Many sellers are implementing price reductions to get their homes sold because there is so much competition.

If you are serious about selling your home here is what you need:
1. A Realtor who is an expert in marketing, selling, and negotiating. Like my partner and I (humbly).
2. Massive marketing exposure through the local, statewide, and national MLS systems.
3. Internet marketing that really works.
4. A competitive price.
5. Not just one agent, but a TEAM of real estate professional working for you.

Here are link to two newspaper articles:
"Home Sales Continue to Drop" by The Herald
http://www.bradenton.com/mld/bradenton/13713352.htm
"Home Sales Continue to Cool" by the Sarasota Herald Tribune
http://heraldtribune.com/apps/pbcs.dll/article?AID=/20060126/BUSINESS/601260399

If you would like to talk to me about the market you can call toll free at 877-646-8326.
--Dan Forbes

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