Southwest Florida properties are selling!

Well, after a rough start to the week; it seems as though it's finishing on a GOOD note!

I procured a coach home sale yesterday.

After repositioning the home from $159k to $135k; we had a tremendous amount of activity with 6 showings yesterday and about 11 in the past 48 hours.

This ended with an acceptable offer and contract is in place.

For the market here in Florida; it's all about price, Price, PRICE! If it's priced properly; the home sells.

We have lot's of available inventories still and that will continue to delay a recovery. However, there are many properties that are now going under contract as we are around 50% off our peek levels of October 2005.

Florida housing is currently on SALE and buyer's should stop sitting on the sidelines and make offers. Make purchases now and the investment will be very rewarding in 5 years plus.

Our economy is recessing because some as the basic commodities like oil, corn, wheat, gold, platinum, etc... have highly appreciated. This is causing an underlying rate of inflation. Couple that with a devalued dollar and lowering short term interest rates and we will continue with some stagflation. I believe that longer term interest rates are going to rise over the next 6-8 months with the inflation being the main cause of concern.

With that in mind; home buyer's in Florida should get in NOW and not sit on the fence while rates increase and prices level off!

Have a great day and don't forget to check out Southwest Florida real estate!

Owen Zweiback PA, GRI, Realtor, E-Pro

Coldwell Banker Residential Real Estate

23421 Walden Center Drive

Bonita Springs, Florida 34134

239-269-3077 Cell

800-547-3019 Toll Free Office

www.floridamoves.com/owen.zweiback www.coldwellbanker.com/for/owen.zweiback