My New Blog

Having been around selling real estate in the mid 1980s I recognize the characteristics of a slow market but also of the buyers who buy in a slow Florida real estate market.

Surprise,  They actually were some of the smartest and made some of the most profitable purchases I've seen in my 21 year real estate practice!  Sure, they didn't make big paper or real profits right away but they did something absolutely successful. They held on to the properties for several or more years.  These were people who loved SW Florida and it's beaches, waterfront, or outdoor lifestyle.  The bottom line is they enjoyed the property and the lifestyle it allowed them to live. And many of them have even today quadrupled their money or more! 

I also worked with fearful buyers in the 80's who just expected bad things to happen to their property values and were held back by friends and family who told the "You shouldn't be buying property way down in Florida... followed by a litany of their preconceptions of "Florida".  Some of those fearful or swayed buyers, I never saw again but enough came back again and again through the 80's and 90's and shared with me that they should have bought back then but now the market had gotten too expensive and they would "wait 'til next year".

This time around will be no different. The only question remains is         Which one will you be?