Is Now The Time To Buy In South Florida?
I don’t think I could have said it as well as Bobbi Mechler of RE/MAX ParkCreek did on her Blog:
We are aware of all the investors scooping up properties in 2003, ’04 and even into ’05 with the intention of flipping them, in order to realize a huge profit. The dilemma they were faced with was one of timing. How long should they hold onto the properties in order to maximize their profits? Some people were fortunate enough to get out in time, take their money and run to the bank. Many, however, missed the window of opportunity by trying too hard to time their sales just right, and consequently were later forced to either short sell their properties or face foreclosure……. Click Here For the Full Article