george, i'm sure i get it much worse than you...i'm 24 and look 16 some days...everyone thinks they need to talk down to me ...the ones who actually want to have a conversation only want to show their 'expertise' about how the market should fully rebound this year or next..it's just best to smile and nod as everyone says :)

We're considering holding on to this place (and renting out if possible) until the market rebounds somewhat, but we really know very little about the RE market down there and don't want to overextend ourselves.

If you are a rehabber or simply an investor that is willing to buy and hold real estate until prices rebound then this is probably the best market for buying real estate I've seen in my lifetime.

Investors have been grabbing these foreclosures and renting them for anything they can get while waiting for the market to rebound.

I think in naples i can hope the market will rebound and I can gain apperciation on the house and positive cash flow!

I don't anticipate the market rebounding in time for that to be the case.

The US on the other hand will see around a 30% increase in population over the next few decades or so, and our economy will rebound.

One day the housing market is toast, the next it's on the verge of a rebound.

Construction in these areas will probably rebound to the fourth quarter as infrustructure projects begin to stimulate these local economies.

Market rents will (continue to) decrease as:- National wages decrease due to unemployment and potential deflation;- Banks start selling off commercial assets sitting on their balance sheets for far less than market value, allowing the new owners to decrease rents but maintain strong cashflow;- Investors continue buying very cheap REO properties, and are willing to rent them below market just to make their mortgage payments while waiting for the market to turn around.There will be less demand for higher-end rentals, as those renters will (continue to) flock to the foreclosure discounts.The winners will be those who buy property during the depression, rent it well below market but maintain cash flow, and then find huge equity when the economy rebounds...that's my plan at least