Sound Venture, Realty
 
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If you’re interested in buying property in the Florida's Great Northwest area, now is the best opportunity in the last three years!!

Sound Venture Realty can provide valuable information with regard to selling and buying properties. As industry participants for over 20 years in Florida, we roll up our sleeves and get to work helping you reach your goals investing in real estate.

Selling Property: The sale of your property can be very rewarding, our staff can help from beginning to end.

Buying Property: With our company, your buying experience is streamlined as we help you search properties and gain information to reach a buying decision.

 

Real Estate Report for Spring 2008..........

It's safe to buy now!

Question: Which is worse: Selling in a Buyer's Market or Buying in a Seller's Market?


Answer: It depends on which stage of the cycle you buy and sell in. Selling at the beginning of a buyer's market still closer to the top or middle is good. Buying in the beginning of a seller's market mid way is good. Buying at the end of a buyer's market is o.k since you're in the middle of the whole cycle. Buying in the last quarter of a seller's market (Top) and them trying to sell in the last (Bottom) quarter of a buyer's market is the worst scenario. And that is exactly what has happened to a lot of nice folks who for what ever reason bought at the wrong time. You are always safe buying and selling in the middle for long term investing.

However, many people who bought at the top of the market are now trying to sell near the bottom. The best case is to buy low and sell high, which you can't predict, so buying and selling in the middle is safe and that is the period that we are beginning to transition into.

Interest is picking up as people are watching prices fall to tempting levels. As the interest rates are dropping in the mid 5% range, some people are realizing that it is a very opportune time to purchase select properties at reduced prices. Many sellers that have been trying to sell their properties for the past year or more are getting a very large dose of reality about market values and are finally reducing their prices to sell quickly. There are a lot of foreclosures and short sales to compete with. There are also many people who will sell properties for thousands, tens of thousand, and in some cases hundreds of thousands less than what they paid for them to get out of their increasing loan payments, insurance, taxes, and maintenance expenses. There are some individuals who have enough equity in their properties to sell them for under market values, which is a great deal at this time, and still make a great long term profit. If you are interested in selling, there are buyers in this market. They are, however, very well educated and have a great selection to choose from. So your property needs to clearly stand out as the best deal in its category of comparables in order to sell itself. It must be priced at what is percieved to be a great buy in this market. For example, I have seen several newly listed properties priced so aggresively that they are selling immediatley for above asking price with multiple offers.

 

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Sound Venture Realty
(357 North Eglin Pkwy)
PO BOX 1153
Fort Walton Beach, Florida 32549
850-582-1222
Email:
ken@soundventure.info

Or
Email: donoliver5@embarqmail.com




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