Your Name:
Your Email Address:
To: (Email)
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Florida Markets Dominate Top Ten Turnaround Report has just published Florida Markets Dominate Top Ten Turnaround Report.  I am currently working on the Pinecrest Florida year end real estate market report and I see Pinecrest Florida is have another strong real estate sales year.  Year-to-date, only 18% of homes sold in Pinecrest have been short sales or foreclosures.  This is way below Miami-Dade County where 58% of the homes sold year-to-date have been distressed sales.
Here is an excerpt of the report:
Though the past four years have seen many cities suffering from large numbers of foreclosures and a loss in home values, ten of these real estate markets are now leading the nation towards a general recovery and stability of the housing sector.’s Top 10 Turnaround Town Report, based on third quarter 2011 data, includes six Florida markets: Miami, Orlando, Fort Myers-Cape Coral, Fort Lauderdale, Sarasota-Bradenton, and Lakeland-Winter Haven.
Each of these markets has experienced positive year-over-year median price appreciation, reductions in year-over-year median age of inventory and inventory counts, while also experiencing lower unemployment rates on a year-over-year basis.  Florida’s success can also be tied to foreign buyers; the number of foreign buyers purchasing homes there increased from 10 percent in 2007 to ... more

Are you on The Rain? Grow Your Network!

Spam prevention