Many homeowners have been waiting to hear the phrase “a sellers’ market” for many years now since the real estate collapse in the mid 2000’s. Typically there are a few key factors that go into developing a sellers market. First the housing supply must be in the sellers favor, meaning a shortage of viable properties for sale. The second part of the equation is having a surplus of qualified buyers in the market. This has been helped by low interest rates to make money more available for home buyers. And according to the Federal Reserve the rates are to continue to stay low. The sales in 2012 were the highest in 30 years except for the mid 2000’s boom. So if you are a homeowner looking to sell the time is right with the prices increasing and the days on market decreasing. If you are looking to buy real estate on Anna Maria Island, now is the time to buy because the prices will only increase over the next year. No matter if you are a buyer or a seller, we can handle all of your real estate needs here at Anna Maria Island Beaches Real Estate, so don’t hesitate to contact us.