What’s up with all the conflicting real estate headlines?
There does seem to be a lot of confusion about what’s going on in the Bradenton – Sarasota real estate market.
Consider these recent headlines:
“Slower Pace of Existing Home Sales”;
“Bradenton in Top 100 Real Estate Markets”;
“Local Home Sales Plummet in November”;
“Bradenton Listed As Top Place to Retire”;
“Bradenton Housing Boom Not Waning”.
These headlines might cause one to wonder which way the market is heading. Up, down or sideways. It’s enough to make your head spin. Many buyers and sellers don’t know what to think. Even real estate agents can’t seem to agree.
How can a buyer or sellers know what’s happening in the local market?
Here are a few suggestions.
1. Don’t believe everything you read. Headlines exist to sell papers and the media loves bad news. Never make a real estate purchasing or selling decision based upon what you read in the newspaper. Didn’t we learn that lesson as it related to the stock market a few years ago?
2. Don’t necessarily believe what a real estate agent tells you. After all, most agents are primarily sales people and most agents have only recently acquired their license. Our local association of Realtors has exploded with new licensees in the last couple of years.
3. Don’t believe what your neighbor says about the market. Whenever your neighbor or your barber starts giving you real estate advice, that’s about the time to do the opposite of whatever they say.
4. Do trust your own observations? Do you see more or less homes for sale? Are the signs staying up longer? Are seller’s dropping their prices? What about interest rates? You know more than you think. Just observe and take note. However, that may not be enough.
5. Do find a professional Realtor you can trust. We recommend that you consult with a Certified Residential Specialist. Less than 4 percent of all licensed Realtors are Certified Residential Specialist. To qualify they must have significant experience and demonstrate volume of real estate transactions or gross sales, as well as complete rigorous educational requirements.
Read about Bradenton being in the top 100 real estate markets on our BLOG at BradentonRealEstate.com (see below)
There does seem to be a lot of confusion about what’s going on in the Bradenton – Sarasota real estate market.
Consider these recent headlines:
“Slower Pace of Existing Home Sales”;
“Bradenton in Top 100 Real Estate Markets”;
“Local Home Sales Plummet in November”;
“Bradenton Listed As Top Place to Retire”;
“Bradenton Housing Boom Not Waning”.
These headlines might cause one to wonder which way the market is heading. Up, down or sideways. It’s enough to make your head spin. Many buyers and sellers don’t know what to think. Even real estate agents can’t seem to agree.
How can a buyer or sellers know what’s happening in the local market?
Here are a few suggestions.
1. Don’t believe everything you read. Headlines exist to sell papers and the media loves bad news. Never make a real estate purchasing or selling decision based upon what you read in the newspaper. Didn’t we learn that lesson as it related to the stock market a few years ago?
2. Don’t necessarily believe what a real estate agent tells you. After all, most agents are primarily sales people and most agents have only recently acquired their license. Our local association of Realtors has exploded with new licensees in the last couple of years.
3. Don’t believe what your neighbor says about the market. Whenever your neighbor or your barber starts giving you real estate advice, that’s about the time to do the opposite of whatever they say.
4. Do trust your own observations? Do you see more or less homes for sale? Are the signs staying up longer? Are seller’s dropping their prices? What about interest rates? You know more than you think. Just observe and take note. However, that may not be enough.
5. Do find a professional Realtor you can trust. We recommend that you consult with a Certified Residential Specialist. Less than 4 percent of all licensed Realtors are Certified Residential Specialist. To qualify they must have significant experience and demonstrate volume of real estate transactions or gross sales, as well as complete rigorous educational requirements.
Read about Bradenton being in the top 100 real estate markets on our BLOG at BradentonRealEstate.com (see below)
posted by Dan Forbes at
3:09 PM
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