Real Estate Troubles

By  | 

Renee Glennon is showcasing several Tallahassee homes, hoping to cash in on sales despite a dwindling market.

The Florida Association of Realtors says the sale of existing homes in Florida decreased 25 percent this year. That's putting a little pressure on real estate agents.

Renee Glennon said, "It's really our job to educate our seller really to help them set the right price and to do that is to show them what has sold in the neighborhood in the last six months. That is key."

Diane Carroll recently put her house up on the market and has her take on how to cash on the sales.

"We just tend to under price the housing market. We find out what the houses are selling for in this area, and then we generally try to sell it by owner which has generally worked for us in the past.

Annie and Huey Young are interested buyers who like the idea of saving money.

Annie Young said, "We've been looking for a couple of years, so we've kind of seen that shift in the market. I think it is a little more to the advantage of the buyer."

That advantage is what the Youngs are counting on as they search for a new place to make them feel right at home.

Local realtors say it is only a matter of time before the housing market is back up. They say hosting several open houses is also key to bringing in interested buyers.