Some of the major cities, like Miami and Aventura,where some prices are 40% lower than they were in 2005, first time homebuyers are finding some great reasons to decide on buying now. Homes and condos that were selling for 500k to 600k are now selling for 400k and interest rates are low. There are many properties available now, under 300k.
Congress is also considering a tax incentive for first time homebuyers and when that becomes a law, there will be even more incentive for buying.
Sellers are extremely negotiable on their prices and that home of your dreams can become a reality.
Look through my Home Search for the areas you are interested and see the fabulous opportunities. Call me for a showing of any property, any time.