Buyer's Market? You haven't seen anything yet.
Author: Support Services, e-PRO
As a real estate agent in Spring Hill Florida, I've been feeling pretty good these days as buyers are coming out of the woodwork for some of the greatest buys in real estate. Although mortgage interest rates are at a historic lows, most of the buyers have been paying with cash.
A friend pointed out to me that the foreclosures filed last year at this time in Hernando County were about 120 per month. At this time there are over 300 per month being filed. So come the fall through early winter, there will be many more opportunities for buyers to pick up properties perhaps at 1998 prices.
