Yesterday, the Hernando Today ran an article titled, "Selling homes in a down market". In this article, local realtor, Gary Schraut was quoted as saying, "Home prices were artificially driven up by wild speculation and it is unfair to use those years (2003 to 2005) as a yardstick to say the home market is a complete disaster". He also said that "We're seeing a turnaround in the housing market and hopefully we're going to stabilize. I think all the speculators are gone". Local builder, Dudley Hampton was also quoted in the same article saying, Hernando County still boasts the lowest prices (on homes) in the Tampa Bay metropolitan area" and he believes that much of the negativity comes from so-called analysts who continue to preach grim housing news.
Gary Schraut and Dudley Hampton need to be commended for having a positive outlook for the local housing market. Their professional outlook of our local economy was refreshing to read in yesterday's paper. Both of these individuals operate well-established businesses in our county and their market research gave the public a clear insight on state of our current economy. In short, their positive attitude is a direct reflection of the majority of the business owners who strive to successful in our community.
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