ARE YOU CONFUSED BY THE MARKET? BECAUSE I AM!

For as long as I have been in real estate, I find myself terribly confused by the market here in Naples, Florida and more so by where it might be headed. My heart tells me that we have bottomed out and that things will stay rather flat for a while longer before starting the climb upward again. Although not a nay sayer, my head tells me a slightly different story, (and it may be that I have started listening to potential buyers who sill believe that the market is headed lower.)

I find that real buyers are all acting like they were all born under the sign Libra, which is my sign and therefore I have a great excuse. They are all on the fence about buying, at the moment, and can’t or won’t make any kind of decision. They seem to be as perplexed about the market as I am, although naturally I never tip my hand about where my head is at or that I don’t know either. I always say to clients or prospects when asked about where I think the market is going that if I knew for sure and was this great soothsayer, I’d be living in Port Royal and we wouldn’t be having this conversation. (Port Royal houses the creme de la creme of the Naples lifestyle.)

The thing of it is that I don’t think that anyone knows for sure, there are just too many variables relating to the economy, the gas prices, the weather and on and on. The one thing that I do know for sure is that here in Naples, we are living in a world-class destination and that counts for a lot. The market may be correcting or doing its thing, at the moment, but the bottom line is that it will be back with its usual vigor because Naples is Naples!