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coydog

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coydog

Re: SPENDABUCK post# 20595

Tuesday, 09/11/2007 7:40:57 AM

Tuesday, September 11, 2007 7:40:57 AM

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I think you are correct. I have watched the buying dry up around Orlando. My brother bought a very nice home for 150,000 just before the bubble started. It went up to around 400.000 at the top and now nothing is selling and if someone really needs to sell they have to really slash the price. I have to stay in South Florida because my wife is still working. Homestead is just starting to see price reductions. The foreclosure signs are going up and I am trying to get one from a bank. I am offering 60 percent of the assessed value. I will let you know if I snag one.
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