Monday, May 7, 2007

NOW is the time to buy?


The Herald Tribune has an interesting column in the paper today. "Grant Thrall, a University of Florida land economist, believes the state's real estate market is poised to rebound in the not-too-distant future. But first, Florida's Legislature has to get its act together on taxes and insurance."
He goes on to say, "Now there is a large inventory of unsold homes hanging over the market, but he thinks that inventory will be depleted quickly as baby boomers start thinking about retirement again and seeking a place in the sun" His summary is, "So anyone who wants a good deal on a house, had better buy before that massive wave of buyers gets geared up again".

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