Should I Sell My Place At The Beach?

Recently I was talking with a good client who wanted to sell a property At The Beach and was wondering if I thought it was a good idea to sell in this market or wait until prices come back.

This is a very good question and one that sellers At The Beach in South Walton County Florida are wrestling with right now. As a top selling real estatat agent that studies the market prices and trends virtually every day I would offer this advise to him and those owners of vacation beach homes, investment condos or even vacant land At The Beach who are considering selling with the same concern:

I still believe real estate values in South Walton County and the surrounding areas will continue to drop because the real estate market fundamentals have not changed in favor of sellers. There are still:

1. too many properties for sale relative to the number of buyers in the marketplace.


2. there are still too many bank owned and short sale properties on (and coming on) the market further driving real estate prices down.


3. and banks are still closely holding their money rather than making loans to the real estate investment community which is such a big part of the South Walton County Florida real estate market – credit is very hard to get right now.

Until one if not all of these factors change to favor sellers then price deprecation is going to occur making it unrealistic for sellers to expect more favorable selling prices for their properties over the next 3- 5 years than if they sell at today’s prices.

So for sellers of vacation beach homes, investment condos or even vacant land At The Beach in South Walton County Florida who plan to sell anytime in the the next 3-5 years I would tell you to sell now - right now because the sound fundamental law of supply and demand tells us to.

For a FREE Evaluation of what your vacation beach home, investment condo or even vacant land At The Beach in South Walton County Florida is worth in today's marketplace simply call John Moran at 850-654-3325 or send me an email at john@themoranteam.com