Naples Real Estate Bargains Continue

The strong ‘buyer’s market’ continues here in the greater Naples area, with virtually no letup in sight. I keep reinterating that, in my opinion, it is a perfect time to jump into the game, buy and get off the fence. There are bargains in almost every segment of the marketplace, and yet I still hear from some buyers that their preference is to wait, because they feel that the market will trend even lower.
 
Just like the stock market, I’m not a fan of trying to time the real estate market, because the almost impossible to do. If you do happen to hit the very top or bottom of a market, you have to consider yourself extremely lucky.
 
I do believe that the state of the real estate market will remain fairly constant over the course of the next year and that prices will not begin increasing in earnest with any stability until the fourth quarter of 2007. Having said that, I do see sales, especially in the higher end single family homes that are properly-priced getting stronger during the short term. The key, as always, is pricing properly.