Tuesday, December 18, 2007

Looking for a Real Estate Bargain?

2008 is the best year in the last five years to be a buyer of greater Fort Lauderdale real estate. The last two years have been dismal, as the speculative fever came to an end, and the 20%-plus appreciation we saw over the last five year While the market is still adjusting, there are many stressed sellers offering real bargains. In addition there is a wave of foreclosure properties being offered at banks at fire sale prices, and it is possible to negotiate with mortgage holders on short sales, where you benefit as the buyer. If you are a buyer in today's market, post what you are looking for here.

Feel free to post concerns and questions about the market in general. Do you think its a good time to buy? Have you bought recently?

1 comment:

  1. I have a client looking for a waterfront house, recently built 2000-plus s.f. condominium or townhouse on water, or 2000-plus s.f. oceanfront condo in a newer building under 1 million. It must be a bargain. Between Commercial Boulevard and 17 St. Causeway

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