Crisis? What Crisis?

Stock markets crash, then jump, bailouts for banks across the world, credit crisis continuing and the list goes on and on.

You look around and you wonder where is it safe to put your money.

Housing prices have dropped dramatically but think of it this way they are still up compared to the pre-housing boom era.

Those who made the right choices for homes and didn't rush in are still making money on their property.

For instance I just saw a listing for a salt water front canal home three bedroom, three bathroom in Manatee County for $269,000. The house is a bank foreclosure.

That, in my opinion is a pretty darn good deal for boatable water.

They are not making anymore land. And land in Florida particularly near the water is still very desirable. The savvy home buyers are snapping up the deals like the one mentioned above.

The housing market will turn around and probably sooner then later in Florida as thousands and thousands of baby boomers reach retirement age.

All the best
Greg Owens PA
Keller Williams Realty of Greater Manatee
941.932.6343
greg@teamworksfla.com