South Florida used to be a place where any house in the sun was snapped up as soon as for sale sign was posted. Investors, retirees and new families alike would be on the front lawn chanting we buy houses, hoping to be able to get a piece of famous Florida real estate.
Boy, have times changed. Today a home may have a number of signs on the front lawn telling about all the features and offering to nearly give it away just to move the piece of property that is stuck in a stagnant home market. Across South Florida the sales of existing homes have dropped almost in half from this time a year ago. And the price they are getting for those sales are dropping as well. Where are those 'buy houses' people now?
There are a few people still chanting the 'buy homes' mantra. They are companies like Ricardo Buys Houses (www.ricardobuyshouses.com). They work with investors who are still interested in buying homes and link them up with you when you are trying to sell. If all works as planned you are both happy. The investor has a new piece of property and you are free of the land you have been trying to get off your hands.
Unfortunately, trends say the housing market is not going to change anytime soon. As a matter of fact, it could be the end of 2008, or early 2009, before things start moving in the opposite direction of where they are going now. That means if you have a home you need to sell, you are going to be fighting an uphill battle for some time, especially with an older model home. Folks like Ricardo Buys Houses, with their 'we buy homes' mantra, may be the heroes you're looking for. |
