tag:blogger.com,1999:blog-11537840.post2231878408117476674..comments2023-11-04T03:10:29.707-04:00Comments on Larry's Take on the Cocoa Beach Real Estate Market: August half-time reportLarry Walkerhttp://www.blogger.com/profile/01527381774923548480noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-11537840.post-40199691725459059992011-08-22T09:57:52.227-04:002011-08-22T09:57:52.227-04:00One would have to take some type of educational gu...One would have to take some type of educational guess and conclude that second half sales being equal to first half sales are a result of investors of the professional kind rather than the mom and pop variety.Investors linked to banks and independent mortgage lenders are well known hawks of depressed properties.In my opinion property will still drop another 10-20%.Stocks of high quality are a much better investment--dividends make them even more so.Cash for deep pocket investors would be prudent--but---for the average Joe that should permeate your market--a mortgage that will soon be in the three's would be the correct move for folks with excellent credit.Cash is a bad bet with the economy in disarray.You always--ALWAYS--use someone else's money at bargain basement rates.As they say----a fool and his money are soon parted.Snowmannoreply@blogger.com