This morning's Palm Beach Post released sales figures for Palm Beach County, Florida as being up 134% in the past month (from March 2009 to April 2009).
A lot of this increase can be attributed to bank-owned properties and short sales - but first time homebuyers are taking advantage of the well priced inventory. So: sales up, inventory dropping ..... those who say the market will still go lower here will shortly be saying that they SHOULD HAVE BOUGHT!
that is happening up here as well.. although, I think short sales are going to be in vogue for a long time
Linda...Kudos! Absolutely...and I can't wait to hear people start to say, "I should have bought!" Here in the Fort Lauderdale area, we are seeing the action!!
Houston has been hot since the beginning of the year in the "starter" home segment, which generally lifts up the higher price ranges. So absolutely, I thing all the prospect buyers that I speak to have gotten the memo.
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