What to read? Everything is a post of some sort tonight...so let's talk about CURRENT SELLERS.

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Real Estate Agent with Coldwell Banker Fort Lauderdale Beach

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.)

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Best regards,

Karen Monsour, REALTOR®

Coldwell Banker Fort Lauderdale Beach
4757 N. Ocean Blvd.
Fort Lauderdale, FL 33308
954-464-4194 cell
954-969-9974 fax
www.KarenSellsFloridaWaterfront.com
A recent recipient of Realtor.com®'s "Award of Excellence" for online marketing.

Multi-million dollar producer.


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Ambassador
406,565
Virginia Hepp
ERA - Mesquite NV Homes For Sale - Mesquite, NV
Mesquite NV Homes and Neighborhoods - Search MLS

Tell it like it is, Karen.  We have a few neighborhoods here that have bottomed out, yep, that is the start of the rebound.  I have a few buyers who will be saying 'Gee, I wish I had purchased a home when the prices were down.'  I tell them to quit listening to national news - real estate is local.

Jan 08, 2011 11:11 PM #1
Ambassador
879,247
Larry Bettag
Larry Bettag - Cherry Creek Mortgage - Saint Charles, IL
Regional Vice-President

I'm with Virginia.....let's have everyone tell it like it is!  Markets move and the sways go back and forth from buyer to seller.  I think that folks will be saying I could have gotten a half million dollar home for XYZ!

Jan 08, 2011 11:18 PM #2
Ambassador
879,247
Larry Bettag
Larry Bettag - Cherry Creek Mortgage - Saint Charles, IL
Regional Vice-President

I'm with Virginia.....let's have everyone tell it like it is!  Markets move and the sways go back and forth from buyer to seller.  I think that folks will be saying I could have gotten a half million dollar home for XYZ!

Jan 08, 2011 11:19 PM #3
Rainmaker
1,066,564
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Karen -- would you say you are in the recovery mode.  That would be great news for both buyers and seller>

Jan 08, 2011 11:19 PM #4
Rainmaker
1,026,517
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
PasadenaCA Real Estate Representation 818.516.4393

Karen -- your example shows why all real estate is local --- national trends have their place for a snapshot of the entire country but doesn't give an accurate picture of what's happening in each neighborhood.   This is why clients need an agent who understands each market.  Good post.

Jan 09, 2011 12:12 AM #5
Rainmaker
1,200,611
John Pusa
Sellstate Pacific Realty - Glendale, CA
Your All Time Realtor With Exceptional Service

Karen - Thanks for the information about most of the properties sold in the beach area.

Jan 09, 2011 12:25 AM #6
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Karen Monsour

REALTOR, SSRS - Sells FL Waterfront, Short Sale Expert!
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