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Florida Housing Market Life Through Economic Downturn

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Friday, May 21st, 2010

The Florida housing market was undeniably affected by the impact of economic downturn. But stories about the real people who felt the blunt force-need to adapt can seem buried beneath a mountain of financial jargon and political blame games.

John Carney multitasks as he checks out homes to buy.

John Carney multitasks, looking for homes to buy.

The Naples Daily News brought to light how life in Florida has changed as people face the challenges of the current economic downturn. Uncovering the heart-wrenching stories in a three-part series, reporter Steven Beardsley gives readers an honest look at both the devastation and even the silver-lining opportunities that times like these produce. John Carney, the president of Carney Properties and Investment Group, Inc., was interviewed for and featured in part three of the series.

One might think seeking business opportunities in such dire times, particularly in such hard-hit areas like the Florida housing market, would seem wrong somehow. Consider this, though. Lives and economies do not turn around by themselves. It is through the adaptability, foresight and sometimes sheer determination that we manage to pull ourselves back up when we’ve hit rock bottom. Opportunities exist because leaders among us are looking for ways to plow through, and they make sound decisions that help rebuild families and businesses. Carney’s business is driven to improve the community around him, and he’s using his expertise to to this in the best way he knows how.

A CarneyHome site often starts as a lump of coal and becomes a diamond as John's team works its magic..

Carney Properties buys, renovates and sells homes, predominately in the southwest Florida market, that have been abandoned, foreclosed or otherwise victimized by the economic circumstances. People have lost their homes and neighborhoods are suffering as well. Carney buys them with cash and puts his heart and soul into making them livable and finance-worthy again. As one commenter, who calls him or herself “happybutterfly1,” points out, “These are homes that would likely sit empty and continue to lower the value of the homes around them. Most of these foreclosed homes cannot be purchased by the average Joe since there isn’t a bank in the world that would provide financing in the condition that the former owners have left them in. He is simply purchasing the homes, fixing them up and selling them at an affordable price to families that will be able to receive financing.”

You can read the entire story by clicking on this link: bit.ly/bTrc1m

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Carney Properties Blog – Thoughts on Cape Coral Foreclosures

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Thursday, March 18th, 2010

It’s official, Carney Properties and Investment Group is now blogging! This blog will be home to ground breaking insight from the leader in foreclosure property in Cape Coral and all of Southwest Florida. From market analytics and forecasts to the outcome of our now infamous team weight loss challenge, this will be the source for all things Carney!

Check back often or follow our RSS feed to get the latest from the team at Carney Realty as well as direct market commentary from John Carney himself.

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Topics We’re Talking About

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Recent Posts

  • Home buyer beware! Don’t buy a lemon, Part 1
  • Best Reason to Buy a Home Doesn’t Depend on the Economy
  • Think Short Sale – Tips from a REALTOR(R)
  • Florida Housing Market Life Through Economic Downturn
  • Think Short Sale Before Foreclosure
  • Chinese Drywall Guidelines Released
  • Carney Weight Loss Challenge Winner!
  • Chinese Drywall Detection and Home Inspection: Home Investment Essentials
  • Carney Properties Blog – Thoughts on Cape Coral Foreclosures

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  • CarneyHome: @nickolasquartez Will do! :)
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  • CarneyHome: It's just what we do... http://t.co/O3R5EyPT
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