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How's the real estate market?

Beach Comber
2,573 views
I'm thinking of selling my home in South Walton. Is now the right time or should I wait until next year? What's the market look like today?

Replies

9
Beach Runner avatar
beats on hood
#2
:floor:
Bobby J avatar
Beach Fanatic
#3
Market is looking good. It might be best to wait a year unless you really Need to sell. The good news is if you price properly you should sell. Not very long ago I was beginning to think there was no bottom. I am still cautious but comps will show we are surely improving. If you need a free no obligation market analysis feel free to give me a call.
Beach Runner avatar
beats on hood
#4
Short sales are ruling. Also great deals in the massive areas of Watercolor that are too far from the beach.

If you aren't bankrupt, it's hard to compete with the short sales.
scooterbug44 avatar
SoWal Expert
#5
Wait a couple years.

Prices are still very low.
Beach ComberAuthor
#6
I'm thinking your probably right. Too bad. I'll just have to spend more time in SOWAL.



Wait a couple years.

Prices are still very low.
scooterbug44 avatar
SoWal Expert
#7
Yep, it's a rough deal - enjoy Sowal for several more years and earn more money for doing so.
30ashopper avatar
SoWal Insider
#8
I'm thinking of selling my home in South Walton. Is now the right time or should I wait until next year? What's the market look like today?

Right now you would be competing with banks, which you probably want to avoid unless you have to. Prices in general have been falling for all of Walton over the last six months now that the incentives are gone. Probably not the best time to unload.
Em avatar
Beach Fanatic
#9
Then again, you have to know what your carrying costs are. It is likely that carrying costs for an additional year will cost you more than you might gain from increasing values in the next year. For the latest numbers on homes sold in South Walton, click here, or to receive regular updates, subscribe to the South Walton market updates.
Em avatar
Beach Fanatic
#10
At the right price, demand is very strong. Just lowered the price on a lot two days ago and received three offers in the next two days. Now have a contract and a very strong back up offer.

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