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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