Happy January - REO is alive here in Tampa Bay

January is good. In late December I received a condo in an upscale development in downtown Tampa. It fell apart. Seems it should not have been sent to me in the first place. But as we all know this happens on occasion. No big deal. Now in January, I have two REO's. One a SFD in a lower-priced community. That one was posted and the posting expired January 2, so that is moving forward in Pre Marketing. Next a Manufactured Home in Pasco County, we had some work done. That was put in MLS last night after 5 pm. By 11 pm had two agents asking about it. Here we are in very low inventory, under one month on MLS. The average DOM is under 10 days. Seller did as I suggested, priced high. A great way to start the New Year. 

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