One of the biggest questions in real estate today is whether or not the market has hit rock bottom or not. A question like that is not an easy one to answer, although home prices are at a record low, incentives to buy into the real estate market are incredible at this time and single-family home prices appear to have been stable during the last two weeks, whether the prices will continue to drop is unclear.

In my opinion, whether they have hit bottom or not isn't really that important. What is important is that if you have the means to purchase your dream home in Florida, right now the prices are right, the interest rates are incredibly low and in all reality, if you don't buy them; someone else will. Why wait for home prices to drop a few more dollars when it could end up costing you your dream home?