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Dan Gullahorn is a REALTOR in Pensacola, FL. he gives insight and discusses the current real estate market there.
Market activity continues to be up-beat in the last few weeks. A number of properties have gone under contract in recent days in our office.
Buyers continue to be attracted by selection and interest rates. The sales pattern of increased activity is normal for this time of year.
We have programs available for buyers and sellers at Century 21 AmeriSouth Realty. If you or anyone you know needs help with buying or selling real estate, give us a call.
As you know our Tax Relief Amendment passed last month and we are seeing an upswing in market activity right now.
Please take a look at our updated video online:
http://70.184.45.173:8080/ramgen/reality/amerisouth.rm
Call me if you have real estate questions!
I urge each Florida resident to vote in tomorrow’s primary. It is an excellent opportunity to exercise the rights given to us under our Constitution.
I further recommend that we all vote “YES” on Amendment One. This will help each homeowner and small business owner in the state and send a signal to local and county governments that they must carefully allocate our tax dollars.
Already 3 weeks into the New Year. Can you believe it?
We saw a nice little bump in activity at the beginning of the month. This coupled with the news that our sales (CENTURY 21 AmeriSouth Realty) were up 22% in 2007, got the year started off on a good note.
The news that Bank of America is buying Countrywide Home Loan is a good sign that maybe the worst is over in the mortgage industry. There will still be a large number of foreclosures that become available in 2008 but hopefully this will bring the investors back to the market this year.
Do you have a real estate question or comment? Let me know!
The holiday season can be a slack time in the real estate industry but some people still want to buy/sell and close before the end of the year. The clock is ticking on this type of transaction.
Inventory continues to shrink in the local market and demand continues to be low.
If we see another interest rate decrease soon, it could well spark a recovery in the real estate market.
My overall out-look continues to be optimistic as we head in to 2008.
Let us know what you think…..Comments?