Monday, February 05, 2007

On My Soap Box Again

This is a familiar stumping topic for me, but I am again amazed at the confidence that I am seeing in the upper end of our market. Just last week, our company participated in two record sales: A closing for over $7 MM in Harbor Acres and a closing for over $6MM in Cherokee Park. We are continually seeing a pattern of the wealthy making bold investments in this market. Now that the stock market is hot everyone is talking about their investments in similar fashion to how everyone was talking about their real estate holdings a year and a half ago. Be different and be smart. Now is one of the best times to buy and hold in the Sarasota market.