Of course if a significant market rebound were to happen over the next year or so, I could see holding it for a while to cash in on that.

So, the total number of houses needed to house our citizens is reduced.But until unemployment decreases and these young adults find the jobs, income, and stability to buy or rent a home, I think many of them are going to remain "boomerang" kids and continue living with their parents, once again denying the rental market another household to service.Unemployment improvements tend to lag economic rebound after a recession, so I wouldn't be surprised to see things like housing, retail, services, etc improve short-term, while unemployment stays relatively high.

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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.