Weekly Update 05-11-12

A lot of positive news this week for the Real Estate Industry. According to Core Logic the average property prices in Florida have appreciated 4.5% for recorded sales in the Month of March. I look for April's figures to be good as well. Record low interest rates continue to be available. 30 year fixed rate average published today was 3.87%. The bank's are starting to loosen up their lending practices (not to loose) as they start to get their delinquent property portfolio's more manageable. All these thing combined should all work to accomplish a slow recovery to better times. Our phones are ringing and we are signing up new listing clients on a daily basis. We are also working with several qualified buyers. We really need to have the people who were hanging back on selling their homes to take a leap of faith and get it out there for sale. We really need to increase the inventory of quality homes for sale. I personally put a Commercial property that I have been trying to sell for sometime under contract yesterday. The Commercial market is showing very positive signs of recovery. Business owners & Corporations are once again feeling confident and are looking to expand. When business expands jobs are created and more jobs means more people can qualify and purchase area homes. We are still looking to increase our Associate base in the Lakeland Area as well as throughout Central Florida. The phones are ringing and there are plenty of referals to go around. We distribute leads fairly among our people on an equitable rotation with no favoritism given to higher performing players. As long as you provide exceptional customer service you will do just fine. Well it's Friday so it's time to start wrapping up this weeks paperwork. Wish you all a good weekend!