A Good Time to Buy? Yes, But No Need to Rush - Developments - WSJ

A Good Time to Buy? Yes, But No Need to Rush - Developments - WSJ   4:18 pm March 27, 2010
Bill Garrison Sarasota,Florida wrote: The high end seems to be very slow here in SW Florida. While actual numbers of Sarasota, Florida real estate sales approach ‘04 and ‘05, the home and condo sale prices are about half or 2002 pricing. I would much rather list (5) $200K homes than a luxury estate home valued at $2,000,000. The (5) $200k homes would be sold and closed in a few months vs a large estate homes that might be with me for years…. and wants to work for years without getting paid? … Bank owned foreclosure homes and conods are easy to sell with usually a only take a few extra weeks to close. SHORT SALE real estateis still a huge mess until they are approved.

HEY NICK ! Who are the real players in JUMBO lending today ? Who is actually looking for and writing this business and at what rates vs conventional loans? That might make a great article…..

That’s my $000,000.02 bg http://www.valuesarasotahomes.com/