Time To Buy?

In SW Florida the real estate groups put together a program called "Time 2 Buy". They say now is the time to buy a home at great deals.Hmmmmm. If we recall they were saying that for the last 5 years. You need to be very careful or else "time 2 buy" could turn into "time 2 cry". While it is true prices have come down they are still much higher than just 1 or 2 years ago. When prices increase because of frantic buying on investors part this is what happens to the real estate market. As enough time goes by and the sellers FULLY realize (not just reduce their overpriced homes $20-30,000) the market as of now and adjust their prices to be in line with the real market, homes will begin selling again. Home Buyers still want to own a home but at a affordable price. The real estate market will come back when the prices get to the point where they make the buyers feel good about their purchases. www.rateinformer.com