Florida real estate expert Jonathan Keith, is reporting that a bit of good news appeared for housing recently. Pending home sales rose in December after taking a sharp hit in November. He says that while its true that year-over-year resales are still down, any increase in sales activity was certainly welcome.
Time is of the essence when purchasing foreclosures. Prices are down, and cash flow properties are at a high. If you are waiting for the housing market to tighten up, Jonathan says you may miss the opportunities that will not be there at that point.
Current real estate market conditions are positive for most buyers: still-attractive interest rates, a large inventory of homes available for sale, and many sellers willing to negotiate their prices sometimes significantly.
There may never be a better time to buy than right now. The latest data shows that sales are perking up in Fort Lauderdale and Palm Beaches in areas where owners of foreclosed properties have become more aggressive about their pricing.
As an active real estate investor since 1996, Jonathan has become an established contender in the foreclosure and income property markets of the South Florida investment community.
Jonathan is on the cutting edge of understanding the dramatic changes that have occurred within the market recently. He possesses the unique ability to identify market gaps along with the strategic vision necessary to exploit these opportunities.
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