Investor caution is suddenly in vogue in SW Florida. The days of multiple over-asking offers within hours of a property hitting the market are over. The word of the day is now "hold," replacing f-l-i-p, every investors favorite four letter word.
In this new environment, the savy investor patiently waits for "the deal." Stockpiling cash and being ready to move quickly when a below market deal emerges is the key to investing in 2006.
Real estate market shows signs of cooling [News-Press]