Citrus home sales drop in January; buyers have more options

Meek Real Estate was recently featured in the Chronicle. An excerpt is below with a link to the full article.

Sales of single-family homes nosedived in January.

Florida Realtors released new data this week showing 195 closed sales last month, compared to 302 a year ago – a 35.4 percent drop.

Gone are the days when homeowners put their homes on the market and they had multiple offers before the ink dried on the listing.

The median time to a sale was 86 days in January. The pendulum has shifted from a seller’s market to that of a buyer.

“Even though actual closings are slowing down, the leads are up wildly,” said Amy Meek, broker-associate with Meek Real Estate in Crystal River.

Meek said buyers don’t have to rush into sales anymore and can compare properties…