The Housing Crisis IS Over!

I know we’ve all heard that the housing crisis was over before but the jitters in the credit markets was an unexpected event that exacerbated the over supply in the year following the housing slump. Southwest Florida began to soften in 2004 following the active hurricane season and the housing market peaked nationwide in July 2005. The effects of almost 4 years of declining home starts, the run up in prices that led to the affordability crisis and the credit crisis, have all helped to bring down the costs of real estate substantially! Naples, Bonita Springs, Estero & Fort Myers has many great bargains that in many cases are even below the construction cost.

So, why is the true bottom here and now an opportune time to purchase real estate?
See the article on the market indicators at http://online.wsj.com/article/SB121003604494869449.html?mod=WSJBlog

5 New Rules for Home Buyers

By Amanda Gengler, Money Magazine
Last Updated: May 12, 2008: 12:39 PM EDT

(Money Magazine) -- There's no telling how long the housing crisis will drag on. Here's what you need to know before you start shopping in a rocky market.

Rule 1: You can't time the bottom
Rule 2: One reason to buy now - mortgage rates
Rule 3: Another reason to buy - rates on big mortgages
Rule 4: Don't buy cheap; buy good schools
Rule 5: Make sure your agent has your interest at heart


See the complete article here at CNNMoney.com

5 New Rules for Home Sellers

Whether you're buying or selling, the real estate game has changed. To win, you've got to learn a new playbook.

By Amanda Gengler, Money Magazine
Last Updated: May 12, 2008: 12:39 PM EDT

(Money Magazine) -- Selling a home is a lot trickier than it used to be - here's how to be smart about pricing, presentation and incentives.

Rule 1: Get real about price
Rule 2: Vet your agent - especially if it's you
Rule 3: Pimp your house - hire a home stager
Rule 4: Cash will make your home look even better
Rule 5: Underwater? Learn to swim


See the complete article here at CNNMoney.com