What to read? Everything is a post of some sort tonight...so let's talk about CURRENT SELLERS. As the main blog roll continues to have 99% of the members posting about their area's of expertise/their "localism"...I'm not knocking why they are writing those posts...they just are not in my local area, and to be honest with you...I'm bored looking for a fun blog to reply on.
That being said...Let's talk about current buyers.
Lots of my buyers are coming from Canada...less from Europe as last summer. The investors have already purchased as much as they could at the bottom of the market a few months ago...
HEY, DON'T LISTEN TO THE NEWS...THEY DO NOT KNOW THE BEACH AREA HERE!
So, we have very little properties left "DIRECT OCEAN"... 454 properties last time I checked.
Current sellers are "estate sales," seller's who are not in financial distress, seller's who are re-locating...NO short sales, no foreclosures and no REO's....at the most 12.
The Fort Lauderdale Beach area is rocking. They have no reason to sell short. Most of the owners (85%) are cash owners...so...we don't have much left to sell. If you are looking for a steal of a deal...you [unfortunately] a year late.
Sellers now...don't need to sell...sorry.
Karen Monsour, 954-464-4194
Coldwell Banker Fort Lauderdale Beach, FL
(Copyright© 2011 Karen L. Monsour, All Rights Reserved.)