Look at all the action in Golden Gate City over the last couple of months especially in August 2008. These charts are from Sunshine MLS and show Single Family Homes sold, pendings, new listings & median sold price.

• As you can see SOLD listings are on the rise up 43% from July 2008
• PENDING or UNDER CONTRACT listings are up 38% from July 2008
• NEW listings are down 30% from July 2008
• MEDIAN SOLD PRICE is up 33% from July 2008

(Median means half the homes sold for more than $150,900 and half sold for less than $150,900) 

These are all very good signs that the inventory is going down and people are buying up the great deals that exist out there in the market place. What happens now is that all the better looking properties get snatched up first leaving less and less great looking properties to buy.

So don't hesitate too much longer the window of oppurtunity in SWFL is now and probably won't be open for too long. History shows when there's a new president election with either party, interest rates go up and currently the rates TODAY are at 5.875% on a 30 year FIXED loan.

If you need to see if you can get pre-approved for a home loan let me know and i'll point you in the right direction, there's some great government finance programs out there for you, just take the first step and call. Thanks and have a great day...