IS IT THE TIME TO BUY?
Last week's GlobeSt.com Quick Poll asked readers if now is the time to buy commercial real estate. A total of 62% of voters responded that it is the right time, while 24% voted "you're crazy," and 14% indicated it was a "stupid question. Danet Linares, Crew-Miami president-elect and senior vice president for Miami-based Foram Group, tells GlobeSt.com what she thinks of the current opportunities to buy in South Florida.
"Cash is king. It's always a good time to buy if you have the right type of product. The problem is that credit is frozen, but if you have the cash you're in a great spot.
"If a property is in a good location, it's worth buying. It's all about location and a stable product, because then values will always increase and that's what's important and wht buyers are looking for.
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