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IGOR MICHEL

Prices need to drop to 2004

It's sad that investor will be losing money .

The only way that this market will turn around is for prices to drop 15% to 20 % .

Citi group one of the bigest banks in the world has just put out a report that stays "As part of its writedowns, Citigroup estimated an average residential real estate price reduction for the country and then customized that deflator for the markets in which it has CDO ownership. Overall, Citigroup assumes going forward that prices will fall between 6.5% and 7% in 2008, and another 6.5% to 7% in 2009. " That means that they think that is what is going to happen , if we want to sock and stop this price  drop and more than that this recession in sales we need to go faster in our price drops . I think that by listing at 2003-4 prices we will create a interest in the market as well as a return in investing.

 

Published Friday, January 18, 2008 10:56 AM by IGOR MICHEL

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About IGOR MICHEL

My life is based on competence and integrity. These qualities and more are exactly what I offer as a FULL-SERVICE real estate agent. As your personal representative I’ll guide you from start to finish and beyond; keeping you well informed and comfortable with every move. Buying and selling Real Estate should be educational and an exciting experience. It will probably be the biggest personal transaction you will make in your lifetime. Having a trustworthy patient and dedicated agent is someone you want and need. Always thinking of your desired end result; I take the appropriate action while honoring my responsibility to you. I provide sensitive, caring and dedicated service while remaining attentive and responsive to your needs, sixteen years of managing international business have given me the necessary skills to negotiate with confidence and assure the best possible outcome. I’m an agent that relates from personal experience so I’m familiar with the wave of emotions and understand the challenges ahead. I've learned that great service is rewarded with lifelong clients. My dedication to you is absolute. You can count on me for support, diligence, commitment and the ability to connect with your vision. My goal is to have you succeed in your endeavor. Welcome to south Florida. Here you will find beautiful palms lined streets, top rated schools and you are only a short distance away from great shopping and golden beaches. If you are buying or selling a home, let me make your dream a reality. A Floridian by heart and family! 15 years of international business management “CEO grade”. Member of Palm Beach board of Realtors & National Association of Realtors & certified e specialist To learn more about my creative marketing skills and the customized marketing plan that I prepare for each home I represent, contact me at my Boca Raton office. What makes my approach so successful: is my tireless focus on exceptional service to you. Honesty & commitment to my clients are of the utmost importance. I represent buyers and sellers in their real estate needs from West Palm Beach to Miami Beach.