Did you see the article about the Top Ten Fastest Falling housing markets posted on Forbes.com?http://www.forbes.com/2008/02/12/foreclosure-housing-property-forbeslife-cx_mw_0212realestate.html
Forbes.com reports that Florida nabbed three spots on the list of 10 fastest-falling markets, with Tampa down 11.7%, Miami depressed by 10.6% and Jacksonville in an 8.7% decline from last year.
With prices down and interest rates at almost an all time low, NOW IS A GREAT TIME TO BUY!
The article went on to say that there is a one sign of good news in these markets is that construction has all but stopped, and sellers are starting to get realistic about cutting prices. I have seen this personally first hand. I just posted a $10,000 price cut on one of my listings in Oakleaf Plantation, it's a beautiful home with lot's of upgrades. Someone is going to get a great buy on this home. Please visit my web site at www.dealwithdale for more details.
Local Area Expert in Orange Park, Florida. Full Service Realtor®.
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