Monday, January 28, 2008

INVESTORS: A GREAT TIME TO BUY!

With condo inventory SOARING here in Florida In the last 20 months, you may be able to buy RIGHT NOW at the lowest price you will see in a long time to come
  • $187,000 is median price for a Florida condo (per NAR)
  • Median price is down 9% from one year ago
  • Number of condos sold down 29% from one year ago
  • Florida brings in more than 300,000 new residents per year (2nd only to Texas)

Investors have started to GRAB GOOD DEALS while they can in this buyer’s market. The bad news for sellers means good news and opportunity for savvy buyers. Builders are making contributions to sweeten deals in the Florida condo market.

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