In an attempt to keep you aware of how our market is continually evolving, a video is included below which contains the most recent market stats. The video sheds light on how the market has shifted from a buyer’s market to a seller’s market in a domination of “traditional” sales.
*Word to the wise – Don’t be fooled by the terminology used in the video calling these “normal sales.” There is nothing NORMAL about most of these sales accept for the fact that there is buyer and a seller that is not a bank.
As you know, through the CRAZY market The Core Group has stayed [primarily] focused on traditional sales with the exception of properties being purchased by buyers we are representing and 10-15% (of our business) being seller represented short sales. We have NEVER represented a bank in any sort of transaction and will not begin to do so. From this standpoint we can confirm that we are seeing the statistics in this video ring true in our marketplace as it apparently is throughout all of Greater Orlando.
Watch this video and take the poll below after watching. Feel free to comment if there’s anything especially interesting you find.