Monday, June 11, 2007

Tax relief may work against real estate vultures - 06/10/2007 - MiamiHerald.com

I've always maintained that the buyers are out there. Over the last several years, I've run into a plenty of folks that love Southwest Florida and were interested in purchasing here in the FUTURE. Most where 1-3 years away from seriously looking, many postponed their decisions due to the overinflated prices and overhead costs brought on from the sharp increase in property taxes and insurance costs. Now that we are starting to see reforms in insurance rates as well as a solid plan to decrease property taxes. Buyers are becoming more open to reentering the Southwest Florida real estate market.

So, where does that leave investors? According to a recent article in yesterday's Miami Herald, investors may be scrambling to pick up bargains before the new wave of buyers comes in.

To read the whole story, go to: Tax relief may work against real estate vultures - 06/10/2007 - MiamiHerald.com

Want to know more about what's happening with Marco Island Real Estate , contact:
Joseph A. Bartos, P.A.
Amerivest Realty
(239) 404-5068
mailto:info@bartosgroup.com
Let us assist you in buying or selling a property in the Marco Island area.

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