Cash is King!

The real estate market here in Florida continues to struggle, it seems that there is no end to the downward spiral in prices. And buyers are becoming scarce. With the end of the government sponsored First Time Homebuyer credit, the brakes have been put on sales.
I'm working with a client who is looking in a rather high end country club community deciding whether to purchase a resale or a home from the developers. The listing agents and the developer call me constantly to see what they can do to get a deal done. Even just 3 months ago, no-one was willing to negotiate.
All this is quite strange considering that prices are at their lowest in over 10 years and money is really cheap right now. I guess the 2 major issues are that financing is tough to get unless you have stellar credit and great job security and then, the cash buyers and there are many, are in hurry and are biding their time until the right deal can be had.
I know that summer does tend to be slower than the rest of the year for home sales and I do believe that we'll see a significant uptick as the year closes but if you want to get a great deal, don't wait, as a buyer, it's definitely the best time.
Call me to find out what deals are available.
Tali Wolder
561-866-9372
tali@floridianinternational.com
http://www.talisellsflorida.com/