
It's almost like a 75% off sale on real estate currently in Florida! According to Housing Predictor.com nearly 4.2 million homes have been foreclosed leading banks to become so bogged down with real estate inventory that home prices just keep plummeting.
Add low interest rates and tax credits for first-time homebuyers to the mix and you end up with one of the biggest buyers market in many years. Homes are sitting on the market for much longer than sellers anticipated. To the extent where some sellers have even resorted to offering coupons for discounts to purchase their home, in a last ditch effort to get their home off the market.
If becoming a homeowner has ever been a dream, now is the time to act! Even with the economy as depressing as it is, everyone loves a good sale!