So, for everyone who is trying to time the market perfectly, this should be food for thought. My feeling is that we don't know how low this market will go, but I do know that the only way to know that you are at the bottom of the market is after it passed and the prices start to rise. There are some great deals right now in South Florida, with foreclosures and short sales rising and increased inventory levels (supply v. demand).
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Gloria Singer is the Broker of Boca Expert Realty, a boutique Boca Raton real estate company with a focus on professional service and an unparalleled customer experience. Our select agents are amongst the top performing professionals in the field. Visit www.BocaExpert.com for information on Boca Raton, Delray Beach and Highland Beach real estate and to connect with an expert in the local market.