Time to Buy - Summer 2008

Recall the mantra “buy low and sell high.”  Well, this is a great time to buy Sarasota commercial real estate.  Think of all the times in 2002-2006 when you heard, “I wish I had purchased that property a few years ago when the prices were lower.”  Now prices are lower almost across the board.  Now and for the next several months is the time to act.  If we are not at the market bottom we are so close we can feel the cold floor.  Waiting to pick the exact floor is nearly   impossible; as we only really know the bottom in retrospect.