Market adjustment; is it here?

For all you realtors out there.  It’s pretty obvious Tampa Bay Golf and CC is in for some adjustments on home values. We have fewer buyers than ever before! K-Hohavion homes have moved on and their website and the network of buyers are exploring newer communities. As a result, our higher-end buyers are not here looking at newer homes.

Our area has some new and extremely attractive communities in various development stages, and this is giving 55 and older buyers, some very good choices to evaluate.

Home location within a community is a key element in value, as most of us know, however many of the appraisers are becoming much more conservative and only going back 90 days for evaluations.

Homes priced less than $200,000 are very attractive to buyers and we have plenty of comparable sales to support the value. The $140 to $160 a sq. ft. are pushing the bar right now and homes listed at $265,000 or higher need to really have some special features. This is where a pro with excellent marketing skill, puts deals together. This is where I can help both buyers and sellers.

SOME additional data that we must reconsider. When the Stock Market becomes a little unstable, buyers are less likely to spend that extra dollar that sources on the internet do not support. This can be an evil challenge.  Why do lenders and closing companies call me a Super Star? I make deals happen.

Author: danswingblog

Dan has celebrated over 19 years as a full-time Realtor. Successfully listed and sold Luxury homes, diversified real estate portfolios, Advises and assists clients with challenging liquidations and purchases. Not uncommon to be working with foreign nationals, buyers that leverage the Sterling, Euro, and similar currency. Dan welcomes the Global community, with friends in many Nations. He brings a reputation for Integrity, Expertise, and Focus. Our customers deserve the best. Currently provides Residential and Commercial B.P.O.'s, Broker Price Opinions, B.O.V's, Broker Opinion of Value to many lenders. Manage and Sells R.E.O., Real Estate Owned properties, distressed properties! Evaluate and negotiate solutions for sellers and lenders. Developed, operated and sold a Florida "AWARD WINNING" Ad Agency! 2010 & 11 Commercial Agent of the year. RE/MAX Paramount Properties. Relocated to Tampa in 2012, enjoyed retirement for 6 months. Saw unethical practices by some Realtors and choose to reverberate our profession in the Tampa area. In four years built his business to as many as four (4) transactions monthly. Mortgage brokers were calling Dan a Superstar in Real Estate. Dan and his wife relocated to North East Florida, to the community of Nocatee. Currently focusing on 55 and older communities and Luxury Real Estate. Successfully closed on many extremely challenging foreclosures, and Short Sale. Coached and participated in Commercial and Multi-Income Family REO's in the past six years. Elected to the Auburndale City Commission in 1986-88. Created and served as 1st Redevelopment Chair in 1988 & 89 personally put in place all the elements for the Auburndale CRA. 1990 City Commission refused to give a full vote of confidence. After a 5 year journey to personally raise funding, extensive research and study for the CRA district perimeters, and stunned with the Commissions doubt. Positioned himself to run for office again, was re-elected to Auburndale Commission, to serve 1991-93 to full fill the CRA master plan! Active with the Central Florida Development Council from conception in 1985 and sat on the board periodically for the past 25 years representing municipalities and private investors. The positions Dan held from 1986 through 1993 enabled him to have a complete workable understanding of the State of Florida Comprehensive Plan for Future Land Use, and the benefits of intergovernmental agreements, utility franchise expansions, and public/private partnerships! Specialties: Assets recovery & receivership, Real Estate Portfolio's, REO & Short Sale of Residential and Commercial negotiations, marketing consultant, public relations, and Broker Price Opinions for residential and commercial lenders.

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