I'm not too sure about everywhere else, but our office is suddenly swamped with customers wanting to get in on the best buys at the lowest interest rates in years. This is certainly a great time to negotiate. Of course, some people want to buy for pennies on the dollar and those offers often lead nowhere, while others really want to get the fairest deal possible and are negotiating great deals that make it to the closing table.
Real estate has always been a good place to invest. While market values go up and down, and I myself paid more for a piece of property in 2006 than I could sell it for today, I know that the property will always be worth something and that values will increase again. It is not as risky as most stock market investments where people have already lost substantial amounts and could potentially lose an entire investment. You really need to have a strong stomach and be a real risk-taker to hang in with the stock market right now -- or you are at a place in life where you need to know that liquid funds are available immediately if you think you might need them in the short term. If you can afford to invest in property for the long term, or if you are looking to buy a house, the timing may never be better than right now. From what I am seeing in 2009 so far, it appears that people are beginning to realize that!
To see some of the lowest prices in recent years, visit our website at http://www.gulfbreezerealestate.net/. And if you find an interesting property but the price hasn't been cut, don't be afraid to make an offer. Also, some sellers are willing to hold a note so you don't have to apply for a mortgage at a lending institution. You just might find exactly what you are looking for and a deal you wouldn't want to pass up. If you have any questions, just give us a call at 850-584-5101.
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