Florida Hit Hard

I know how bad the real estate market has been in South Florida, but I got a good taste of what the north is going through on a recent road trip to Tampa.  And I thought we had it bad.  It was really more of the same.  Now, I don't mean to sound like all is doom and gloom.  On the contrary, if you have the funds and the credit there is no reason why you shouldn't be out there shopping for property right now.  I have never seen prices and terms so low and reasonable in my eleven years in business.  There is nothing to be afraid of as long as you are planning on keeping the property for a reasonable amount of time, ie; three to five years plus.  It's the flippers that need to stay away.  Primaries really should be taking advantage of all of the advantageous and favorable lending out there right now.  And homeowners in the south are practically givng away homes at record prices.  I just wish these deals were around when I was shopping.