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The View from Here
A Message From Michael Saunders
My good friends:
Welcome to the second issue of Saunders@Home, a monthly e-newsletter focused on
keeping you abreast of the real estate market in Southwest Florida. The response
to April’s premier issue was so positive that I wish to thank every reader who took
the time to weigh in with their comments. With your ideas and suggestions, Saunders@Home can only get better.
This month, we have plenty of upbeat news to report about sales in our region. Having
been the first market in the state to successfully convince sellers to price their
homes with equal amounts of realism and aggression, we have enjoyed a sustained
upturn in unit sales for the first quarter of 2008; momentum that appears to be
building as we reach the midway point of the second quarter. This month’s lead feature,
“After Midnight” is the first of many market updates.
Of course, every closed sale begins with a first point of contact. In our “Discovery”
feature, “At Home Abroad,” you’ll be amazed at how many property inquiries flow
into michaelsaunders.com from buyers around the globe. To say the least, international
buyers are making their presence felt at closing tables in every one of our offices.
At a recent company meeting, every hand in the room went up when I asked 150 or so of our sales associates if they were working with international buyers. Nearly
as many hands went up when I asked if any of them had sold a home recently to a
foreign buyer. Thanks to their increased purchasing power many of these buyers pay
cash and generally opt for more expensive—but well-priced—homes.
Speaking of well-priced homes, in the feature “Best Opportunities” you’ll learn how
the newest section of michaelsaunders.com has been wholly dedicated to highlighting
homes that are professionally judged to be the absolute best values in today’s market.
Be forewarned, there are some jaw-dropping opportunities waiting to tempt you there.
We hope you enjoy this issue of Saunders@Home. Please keep your comments and ideas
coming. This is YOUR newsletter and we want it filled with the sorts of useful news
and information you most want to see.
We would love to hear your comments and suggestions as to what you would like to read in the weeks and months ahead. Please email them to me, care of
editor@michaelsaunders.com. Meanwhile enjoy our second issue.
Cordially,
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After Midnight: First Quarter Sales Reveal Positive
Trends
Just as every ailing person should submit to the appropriate medical interventions
to restore good health, so too must Florida’s overstressed real estate market. Wherever
prices inflated radically during the real estate boom of 2005/2006, there must now
be a meaningful correction before healthy appreciation can resume anew. That’s the
sobering news facing every Florida market...View entire article.
Discovery Data
By now, everyone has
heard that activity among international buyers, cueing up to purchase properties
in Southwest Florida, has heated-up considerably—especially with their buying power
vastly magnified by low-interest rates, the best local prices in
years, and a seriously
anemic...
View entire article.
Best Opportunities
Today’s unprecedented selection of homes is all the more extraordinary
for being tagged with the best prices since late 2003/early 2004—just before housing
prices would begin their wild, but wholly unsustainable climb. Which makes it very
easy to understand.
View entire article
Market in Review: The Wells Fargo View
Mixed News
About Housing – Time To Buy Or Not?
News has been mixed about the housing market, making it difficult
for consumers to cut through the clutter. Have we hit the bottom yet?
View entire article.
Contact
Michael Saunders & Company®
100 South Washington Blvd.
Sarasota, FL 34236
EMAIL
888.552.5228
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