I really feel now is the time to buy!! There are so many homes on the market for several reasons; some need to move back home to family because of age or health, some are of retirement age and want to cash out for a smaller home, but whatever the reason home prices are down and there's still a lot of negotiating room.
Florida real estate is bound to go back up in price. Just look at the winter you guys are having up North. Upstate New York has 11 feet (not inches) of snow. I have lived here too long I can hardly remember what a few inches of snow is like I can't imagine having to deal with 11 feet of it burrrrrr!!
If you have been considering buying a home in Florida don't procrastinate, this buyers market could turn it's self around to a sellers market faster than you think. There are a lot of projections about the real estate market some think it may take 2 or 3 years for Florida prices to make a big comeback, others are predicting that sales are going to pick up this year. I know I am seeing more buyers that I did last year.
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