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

By
Real Estate Services 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.......

 

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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..

 

 

Rice Property Management and Realty L.L.C. is an equal housing company!

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  Just click on any of these links
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Rainmaker
362,695
Colleen Kulikowski
Creative Real Estate Solutions...
MJ Peterson
Alex -- well said...  I have been trying to get people to understand that this is a correction... 
October 06, 2006 05:13 PM
Rainmaker
221,083
Rick & Ines - Miami Beach Real Estate
Majestic Properties

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

Ines, www.YourPropertyPros.com

October 06, 2006 09:07 PM
Rainmaker
458,353
Alexander Harb
Dallas, Texas Real Estate Investing
Knights Investing

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

;-D

 

October 07, 2006 11:17 AM
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Alexander Harb

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