“Buyers are opting to buy now due to a combination of factors. In general, their investment portfolios have recovered faster than the economy; and they now have the resources to pay cash for properties that are still priced as much as 30 to 40% below previous highs. As a result, buyers in search of value have already drawn down the region’s inventory of properties to below-normal levels, which are expected to send prices up. Thus, the urgency to buy now before any further delay results in higher costs.” Article: Why Sarasota? Why Now?.