There is an excellent article on the Florida Association of Realtos website on why now is a great time to buy real estate in Florida.
“ORLANDO, Fla. – March 3, 2008 – Too many buyers are focusing on home prices and waiting to jump into the market, afraid that a property bought today will be worth less tomorrow. But rising mortgage rates should also be a concern, and many potential buyers could find themselves out of luck if they wait much longer.Jim Svinth, chief economist at mortgage firm Lending Tree, tells buyers to “ignore the headlines.” As the economy recovers, finance costs will rise. Waiting for the perfect time to get into the market may cost prospects, especially renters, more in the long run……”Read the rest of the artilce at: http://www.floridarealtors.org/NewsAndEvents/n1-030308.cfm
Posted by buysarasota