I am glad we have renters

I just read this online: "Florida cities like Miami, Orlando and Tampa have unsold housing inventories at, or near, the top of national tables, according to the U.S. Census Department. What's more, home prices there have crashed by more than 25% in the last two years, according to the National Association of Realtors.
Even though foreclosure inventories are piling up and prices are down, sellers either cannot find buyers, or foreclosure homes are being held up in the courts. Florida markets' corrections are, as a result, delayed." Unfortunately we know people that bought high and are losing upwards of $60,000 on their homes. We feel fortunate to have renters that pay and a home that was bought at a reasonable price. Hopefully the renters will keep up their end of the bargain.