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.
I recently bough an investment property located at 2995 Brittany Bluff in Orange Park, Florida. This home is located in the Argyle Forest area in the Brittany Bluff subdivison. My wife and decided that we just could not stand on the sidelines and wait any longer. Local prices are great, interest rates are down, this is a great time to buy. I've noticed that the new listings of local homes for sale have been declining. Are we nearing the bottom? Should we wait longer and miss out on the best time to buy? No way, we bit the bullet to take advantage of the wonderful deals available now. Also, with the local major shopping expansion of the Oakleaf Town Center we see this area really exploding in the near future. Please check out my new web site www.dealwithdale.com
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