Greg Owens Real Estate Update

Market update for everyone out there.Sarasota and Manatee counties. Headed to a neutral market or in a neutral market.This is great. Here's why.Above seven months of inventory it is a buyer's market. Below five months of inventory a seller's market.We have been a strong buyer's market for years n...

Zip. What was that?That was foreclosure property on and off the market in a matter of hours.That is how fast they are moving.The good news is their are fewer and fewer on the market in Sarasota and Manatee counties which means more buyers will be looking at regular sales and short sales.Remember ...

  There are a lot of myths in the real estate market. One of them is that a home requires a range or stove in order to be FHA eligible. Below is the answer straight out of the FHA handbook:Neither a new home nor an existing home has to have a stove in order to be eligible for FHA financing.Handbo...

Recently I have had several instances of people trying to buy homes after short selling a home in the not too distant past.They had gone out with another agent; found a house they wanted; got to a loan officer; and found out that they would not buying a home for at least two years following the s...