Posted by ski on April 25, 2006 at 19:23:07:
I invest in swfla near ft myers. The values have stabilized over the pasrt few months. About 8 mnts. ago there were about 600 houses on the mls. Today there is in excess of 18,000. Quite a difference. The prices are now being reduced by as much as 40k on a 200k property. This simply means that there is a CORRECTION going on. I bought right and if I have to reduce the price I will still make out pretty well.