Cooling market
Posted by Mark Washburn on Tuesday, December 27, 2005 at 2:04 AM
By Mark Washburn / December 27, 2005
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Investors viewing market with caution
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]
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]
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