I don't think that it is too surprising to see the number of foreclosures reported in this article but it is important to note that this means plenty of opportunity for people in Southwest Florida. It is not the best situation for those neighborhoods that lose their property value because of a few foreclosed homes but the opportunity for buyers has never been better. It will take some time for the number of inventory to be sold but people seem to forget the hype of a few years ago and almost no one I talked to then thought the rising values would ever end. People just need to be patient and things will turn around.
Terry Manos
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