From the daily archives:

Thursday, April 2, 2009

South Florida Home Sales Up….Foreclosures Down

by Rodney Forbes on April 2, 2009

On Monday, we learned that more homes were selling, albeit at a lower price. Now, a new report finds that the number of foreclosure filings in Miami-Dade, Broward and Palm Beach counties increased less than 1 percent in February, year-over-year, according to Default Research, a provider of preforeclosure listings. The total number of foreclosure notifications […]

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Is it Time to Buy? Look at the Numbers

by Rodney Forbes on April 2, 2009

Up..Down. Buy..Sell. Good news..Bad news. Who can tell when is the right time to jump back in to the real estate market. First time home buyer, investor, retirees, foreign investors all have been waiting on the sidelines to get the “official” green light to move ahead. But that never comes. Down the road you’re only left with the quote over dinner “If I had only bought back in ______. (fill in the blank)

The best advice is to look at the numbers and indicators, read as much as you can and don’t listen to the doom and gloom news. That only sells papers. Come to your own conclusions because the numbers don’t lie.

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