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Rosemary Beach ? April 2010 ? home sales highest since August 2004!
- Thread starter Em
- Start date
30ashopper
SoWal Insider
Probably all that shadow inventory coming on the market. There are a lot of people who wanted to sell during the down turn, couldn't, so they pulled the listing.
Nationally this influx of listings is causing inventory to spike again.
scooterbug44
SoWal Expert
Some buyers are backing out or delaying closings due to the oil, and some are still buying or looking for something to buy.
Em
Beach Fanatic
Some buyers are holding on, so that may cause some listings to go back on the market, but remember that we have many homes which were pulled off the market because they didn't sell (priced too high), and now that spring is here, they are back on the market. Also, we still have short sales on the market, and when they go under contract at a price too low for the bank to approve, they go back on the market. It would take a case by case investigation to learn the reason why a property went back on the market.
Tom Curlin
Beach Comber
The initial chart tells you why these properties are returning to the market. Transactions are up and the comps are higher too versus last year. In banker's terms, if the ducks are quacking it is time to feed them.
We bought in March of 2009, and have been delighted in every way. RB for us was the best mix of excellent planning, architecture, and amenities. The staff and management are terrific. All of the area professionals that we dealt with were (and continue to be) outstanding. One of the happiest checks that I write every quarter is to the HOA.
The current crisis will be resolved, and we will be better for it. I am grateful to have a place here, and plan to be around until my kids take me out of it feet first.
The current crisis will be resolved, and we will be better for it. I am grateful to have a place here, and plan to be around until my kids take me out of it feet first.