25 February 2010
Naples Florida Foreclosures–More on the way!
Posted by Lori Bender under: Naples Fl Foreclosures .
More foreclosures are on the way and with more foreclosures comes more inventory. The first wave of foreclosures is getting cleaned off the books. The second wave has started and will continue in full force for the next 12 to 18 months. Foreclosure inventory is expected to increase again and in the same numbers as the first round of foreclosures did over the past 3 years–or more! As inventory increases, the immutable laws of supply and demand influence the marketplace.
We are going to see a continued trend in the market wherein the predominance of sales will be foreclosures and distressed properties. This information is great for Buyers because there is less emotion and attachment to properties when they are being liquidated.
All of this presents quite the dilemma for the real estate industry. You have a market that requires agents to be skilled liquidators and knowledgeable about foreclosures and short sales. CAUTION — The majority of real estate agents have no idea how to make their way through the foreclosure process.
If you are looking to take advantage of the wealth of opportunities in this market, call or email me. Since 1988, I have a successful history of handling foreclosures and short sales in the South Forida area. My market is Naples, Florida.
Give me a call and let’s liquidate some property or find you that perfect home to live in or investment property in one of the most beautiful cities in Florida, Naples. And we will do it at a great price!
Lori Bender
