Area sales...
- Thread starter cooleydog
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yes, Christmastime is normally slow and things will hopefully pick up early spring, March/April.
This seems like years past. It is the off season. This is the norm. The last 2 years was not normal. We are back to "real" estate. Lots of real work! People will always want to own a peice of paradise but now will do it on their time. They will be kicking around after Christmas. Then it will be slow again until each holiday arrives. Warmer weather months will bring more sales but I feel we all have to understand the market is ever changing and we may never experiance anything like that boom again. Now I just would like to see a normal leveling period.
Keep an open eye on commercial properties ;-) .
Keep an open eye on commercial properties ;-) .
It seems to me that there has been alot of interest in this area. "Keep an eye on commercial deals". As people realize that this area is not just a real estate flip they will begin to look at commercial opportunities. Like I have said a million times people want to live here but we can not all be agents or title companies. If this area grows and prospers (which it will) you will begin to see the commercial stuff catch up.
That is bleak prediction seeing that the Grayton Beach bakery building just sold last week at auction for less than the lot was valued at a couple of years ago.
That is bleak prediction seeing that the Grayton Beach bakery building just sold last week at auction for less than the lot was valued at a couple of years ago.
I really made no prediction. Just stating a trend I see. BTW, the Grayton bakery did sell. Many auctions are not selling Anything.....Hmmmmm.... I also heard the Beachy Clean Just sold..... Hmmmmm....;-)
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Bobby, you are really denying that you were implying a prediction? Wow, you are as good as Bush?s Tony ?Snow job? at parsing your words.
IMHO the thing to ?watch? is the higher proportion of all real estate sales going to end users, not just ?commercial real estate sales? as you suggest.
There are bargain hunters snatching up the lowest priced properties in both commercial and residential real estate .
In the short run those who have their properties listed for sale above the level of the ?bottom feeders? might finally realize that they have to lower their prices to get sales. But as inventory decreases-assuming it decreases faster than new listings do (that is a big if)-this may eventually help level off the current price ?free fall?.
Lets all hope that today?s ?bottom feeders? are really at the bottom when they pick up properties at less than half the peak prices just 2 years ago.
I'm ready to buy in the 30-a area, but sorry to tell you Bobby J, there is no amount of "work" a "Real" Estate agent can do that will interest me... it will be the price of ownership vs. price of renting....
I applaud your work ethic nonetheless... keep up the good work, but the reality is, you want to generate sales, and desperately seem not to want prices to fall... since that seems obvious to me now, I'll show my cards too: I would really like to see prices fall another 50%(back to 2001) so I can justify owning vs. renting. That's also known as 'equilibrium' in some circles..
I think that's where we's headed Bobby... I can't believe you missed the auction in Grayton Beach of hot commercial property
.
I applaud your work ethic nonetheless... keep up the good work, but the reality is, you want to generate sales, and desperately seem not to want prices to fall... since that seems obvious to me now, I'll show my cards too: I would really like to see prices fall another 50%(back to 2001) so I can justify owning vs. renting. That's also known as 'equilibrium' in some circles..
I think that's where we's headed Bobby... I can't believe you missed the auction in Grayton Beach of hot commercial property
.
Yes, I confess. I made it all up. Nothing is selling in Walton County! Everyone leave before the sky falls!!!!