Monday, April 28, 2008

America's wealthy see buying opportunities in sluggish real-estate market

CHICAGO (MarketWatch) -- Is now a good time to buy real estate?
The size of your paycheck likely will play a big part in how you answer that question.

Based on a recent survey, 75% of the wealthest people surveyed said that there is a "real opportunity in real estate right now. 40% said that they were in the market to purchase property within the year.

Much of this buying is second and third homes in vacation destinations like Marco Island. So, what does that mean to Marco Island real estate. It means market recovery and growth. We are already seeing change in buyer's sentiment. Buyer's are starting to pull the trigger on their purchases and we do not expect that to change in the near future.

Check on the whole article, CLICK HERE

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1 Comments:

At 1:01 PM , Anonymous Anonymous said...

Smart money is still waiting..........

 

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