THIS REAL ESTATE MARKET STINKS!

Published 05 November 11 03:04 PM | RICHARD ZANGRE 

Eh, Maybe not!
Yes, prices have declined - but weren’t they over inflated in the first place, rising at unbelievable leaps and bounds since the mid 90’s??
The unfortunate manipulation of the banking laws, the interaction between commercial banks and investments houses and the blind eye by Congress instead of oversight and protection of Americas’ financial interests at home and abroad set the stage. Greed and excess has run it’s course like a juggernaut, inflicting indiscriminate destruction. Many, many people have lost homes, most that didn’t qualify for home ownership in the first place and some are those that are the unfortunate victims of job loss or cutbacks because of the economy and the myriad of life changes that have a financial impact.

But there are tremendous opportunities going on as long as one is qualified. Prices have been reduced dramatically, if it is a distressed property, and the supply is plentiful.! This actually is a tremendous time to buy Real Estate, if you qualify for loans or have that magical item - CASH. Amazing how many investors do!!

There are so many Deals to be had all across the Treasure Coast.

ZangreTeam.com

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