I recently read an article re-emphasizing that this is a great time to buy Real Estate, especially here in Florida.The article pointed out the abundance of homes on the market. The highest number in some 15 years.Pricing declines over the past year make this a great time to buy.Real Estate is still a very good investment. According to the article, the return on five percent down-payment over ten years is usually three to five times greater then stock market returns. Interest rates continue to be at a favorable level which lowers and makes payments more affordable.In addition, Florida voters approved Amendment 1 allowing Florida home owners to transfer their "Save Our Home: tax benefit from their existing home to a newly purchased home. The new property can be Upsizing or Downsizing.Thes...
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