Saturday, October 11, 2008

Money Never Sleeps


There's beem a lot of activity in the Naples area real estate market lately. Buyers are taking advantage of the drop in prices and great deals available on pre-foreclosure "short sales".

If you are among those lucky enough to be insulated from the current economic downturn, this may be a good time to buy your dream home.

A New York TImes article had this to say:

The new reports signaled to some analysts that the sharpest corrections in home prices and sales might be over. “The biggest declines, they’re all behind us now,” said Nigel Gault, chief domestic economist at Global Insight, a research firm.