Central Florida real estate going through a correction....

By
Services for Real Estate Pros with Knights Investing

 Wonder why this kitty is not happy? Maybe it's because the object of her desire is sitting where it should not be AND she is sitting where she doesn't want to be either.

Sounds much like the current real estate situation these days?

Central Florida real estate is going through a CORRECTION....NOT a BURST BUBBLE...the air is being let out SLOWLY on home values.

The current Orlando Sentinel estimation is that this region will only have 10% or less price depreciation. No more than that.....NOT a BIG drop at all.

With interest rates being held steady by the FED and mortgage rates going DOWN, it is only a matter of time before the buyers come out of their hiding places....

 

 

 

 

 

 

 

 

 

I am so glad I have patience in times like these..... I am here for my clients and I WILL NOT pressure a buyer into making a decision they will regret in the future, even though all they would have to do is refinance their mortgage in a year or so.

 So, let your lil mouse wait for his or her cheeze.......

 

===============================================================================================

The bitterness of poor customer service is remembered long after the initial encounter......no referrals and poor word of mouth are the results...... BOTH of which I am glad to say I am foreign to.

Posted by

Alexander Harb -- PSEM®, E-Agent®

To follow me on facebook and add me as a friend.... click here..

 

 

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  Just click on any of these links
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Rainmaker
363,005
Colleen Kulikowski
The Griffin Team @ Keller Williams Realty - Buffalo, NY
Creative Real Estate Solutions...
Alex -- well said...  I have been trying to get people to understand that this is a correction... 
Oct 06, 2006 05:13 PM #1
Rainmaker
222,591
Rick & Ines - Miami Beach Real Estate
Majestic Properties - Miami Beach, FL

Great photos!  Love the cat.  It's all about patience - Thank God Rick has a lot of it!

Ines, www.YourPropertyPros.com

Oct 06, 2006 09:07 PM #2
Rainmaker
458,976
Alexander Harb
Knights Investing - Mesquite, TX
Dallas, Texas Real Estate Investing

I can only imagine what will happen when that kitty gets let out of there...hehehehehe

;-D

 

Oct 07, 2006 11:17 AM #3
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Rainmaker
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Alexander Harb

Dallas, Texas Real Estate Investing
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