There is a pretty interesting video on a company called Condo Vultures.   It talks about how the south Florida market has stalled and prices are free falling.  But, condos are still being built, but the property values are dropping considerably.  Some condos have dropped up to a 44%. 

So, savvy investors are taking advantage of these price drops to finally get a great deal on a FL investment.  This is where Condo Vultures comes in.  They try to bring together desperate sellers with aggressive buyers.   They have a statistical vulture database to track the best deals and offer them to investors.

Anyway, I thought it was interesting and worth sharing. 

Here is the link:  http://abcnews.go.com/Video/playerIndex?id=4059269

Dan Dunleavy                                                                                                                                                  President, FixtoFlip Inc  (954) 889-7092 

http://www.fixtoflip.com/  - The Tools and Resources you need to Fix and Flip Real Estate Profitably!  

Check out our NEW business goWEBSgo!  http://www.goWEBSgo.com for dependable, reliable and affordable small business internet marketing solutions.  Our team also specializes in real estate services for Exton, Lionville, Downingtown, West Chester, Pottstown PA at www.AgentinPA.com.

Other Blog Entries:

Flip Tips: (Flipping Houses) Buyers Market, so Why not invest?      

(House Flipping) A Newer, Smarter, Flipper                                   

Flip Tips 2. (Getting Connected)                                                    

Flip Tips (House Flipping or Rehab)                                              

FixtoFlip.com has a New Integration for Adding House Flipping (Rehab) Properties.           

Watching The Numbers                                                                

Not All Doom and Gloom

 

4 Comments on Agents and Investors

FEB
26
2008

Hello!

Would you like to become part of our community, network, learn and teach others about what you know.

Please come and introduce yourself!

Investors Lounge Online is networking communities where like-minded people gain knowledge, share ideas, information, and resources and help each other achieve financial success through real estate related investments.

We would like to know about your interest and learn some thing from you!
Respectfully
Hanh Dang Brown
6:18pm • #1
Dan, I just happened to be watching TV and saw that news clip.  Very interesting...
8:03pm • #2
FEB
27
2008

Hello Ethan,

I wonder if he still doing well with market place continually slowing down.  My guess is the properties values have lowered further in this area since I originally posted this blog.

 Have a good day!

10:54am • #3

Hello Hanh,

Your website is impressive.  Let me see if I can carve out sometime in the future. 

Please feel free to provide some additional information on your website and offering via my email link above. 

 Thanks Hanh.

10:58am • #4


What does the graphic say?
Leave a response…


(optional)
Spam Prevention:
 
Pottstown%20tournament%20153

Dan Dunleavy

Glenmoore, PA

More about me…

FixtoFlip Inc.

Address: 21 Chanticleer Drive, Glenmoore, PA , 19343

Cell Phone: (484) 883-9114

Email Me



Links

Archives

RSS 2.0 Feed for this blog