"There is a ton of cash sitting on the sidelines, waiting fordistress to depress prices," Trevor Hall Jr., vice president,Colliers Arnold Orlando, tells GlobeSt.com.
Land prices "can only go one way--up," says Dean Fritchen,senior associate, Arvida Real Estate Services Commercial Division,Winter Park, FL. "The good Lord only made so much land and he's notmaking anymore to the best of my knowledge."
George D. Livingston, founder/president, Realvest Partners Inc.,Maitland, FL, says "strong sellers will wait while weak sellerswill deal--a trend seen as short-lived."
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