Crazy Jim Cramer says buy Florida real estate

by Rodney Forbes on April 1, 2009

Outspoke and sometimes controversial stock picking guru Jim Cramer compares the real estate market in Florida to the stock market and says the time is right to buy real estate in Florida. He forecasts Florida may lead the country in the real estate rebound.

As a buyer specialist, especially in distressed property, I’ve been making this same argument for the last 5 months. Activity has been improving, even in the condo market, over that time period. People are sensing a bottom, especially in the Palm Beach county area.

With historically low interest rates, county grant money and federal tax credits for first time home buyers, more and more people are moving into the buying mode.

If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm Beach Gardens, Jupiter and West Palm Beach, please visit my Forbes Realty website. For frequently updated information on foreclosures, short sales, real estate news and market conditions visit my South Florida Real Estate Report blog. There are many free reports as well as free access to MLS listed properties.

Rodney Forbes is a licensed Realtor®, certified short sale/REO specialist and broker for Forbes Realty of South Florida Inc.

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