25 homes are actively listed in our community! Nine of (9) these are priced lower than market value or well over market value, and two have reduced the asking price within the first 30 days. I’m not familiar with these listing brokerages. New agents coming into Tampa Bay Golf and CC, however unless they understand the 55 an older market, the trends and perks it can become a challenge for these newbies! I urge sellers to really research their performance and track record.
One brokerage has nine (9) active listings but appears to be listing the homes so high they are not bringing in acceptable offers, or the appraisals are so low the buyers chose not to move forward with the contract and it goes back on the market. My last listing was only on the market 14 days, and is now pending. I can’t provide good average price per sq. ft. these days because the market is so up and down with so many variables that effect the value, unless a realtor knows how to market successfully the sellers are becoming disheartened with their representation.
Our market has increased in value through the amenities, and proper marketing practices. Call me, myself or one of my team members will discuss our marketing approach and why we are so succesful. 352-834-1326
The economy has recovered from the depths of the financial crisis, and more folks are gainfully employed. So it’s not exactly a shocker that the Federal Reserve raised its short-term interest rates three times in 2017. But if interest rates are up, then why are mortgage interest rates still hovering around record lows?
It turns out mortgage rates are actually more closely tied to the 10-year U.S. Treasury bond market. Who knew? Bonds are usually considered a safer investment than the more volatile stock market. So when bonds are up, mortgage rates go down.
But the party could be ending. The Fed is expected to raise rates four times in 2018. And mortgage interest rates will likely follow suit and start ticking up.
Before I share this tid bit, I would like to thank all those that religiously visit my blogs. Recent stats are telling me that I’m averaging 80 plus visits daily. Many of these are Realtors and Real Estate Brokers!
I’ve been asked recently why I’m networked with Global Agents. I’ve been selling Real Estate to investors, and seasonal rental owners since 2002. I have buyers and sellers from every continent. From Ghana, Canada, China, to the entire United Kingdom arena, Mexico, and most of Central American countries and Brazil. You don’t build this kind of network overnight. It takes Decades. This is just another added benefit you get when you connect with me as a buyer or a seller.
I see a Whitington, sold at 10710 Cup Dr. on the 8th fairway listed for $269,900 then reduced the price to $157,000 and it just sold after 70 days for $245,000. The listing agent and the buyers agent both sell in our community. FYI, I sold 29430 Schinnecock Hills Ln. a Whitington, for $245,900 and it wasn’t even on the Golf Course, nor did it have pavers for a walkway and driveway! I also have a Doral, I listed for $259,000 against Old Pasco Road. NOW under contract, only on the market for 14 days!
Who do you want to sell your home? Four (4) of my highest end listings sold for 100% of the list price and three (3) more sold for 97% of the list price.
Call “Dan Swing” 352-834-1326