In a “tug of war” game you need two opposite teams pulling at each end of a rope until the strongest side pulls down the entire opposite team.

Right now, Fort Lauderdale (or Southeast Florida) is witnessing a magnificent tug of war match between buyers and sellers.  Both parties are pulling their end with equal force and nobody is falling down, anymore. 

This is a great indication that we have reached the bottom of the real estate tumble.  Prices of homes and condos have dropped significantly in the past four years down to those prices of 2002 and 2003 (depending on areas) and those sale prices have leveled off for quite a while, already.  Sellers realize that they can’t let go any lower than the ground prices; that is what gives them the extra energy to pull harder of that rope.

Buyers, you know the roller coaster effetc: ater it reaches the bottom of the hill, it goes back up the next hill, again, and so on.   The real estate roller coaster car is presently rifing the bottom of it’s highest hill.  THAT’S WHY THIS IS THE BEST TIME TO BUY YOUR PIECE OF SUNSHINE IN FORT LAUDERDALE BECAUSE, SOON, THE CAR WILL START CLIMBING.