Florida is recovering

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Services for Real Estate Pros with Franchase

Florida

They say that buyers are coming to Florida - one of the best property markets in the country as the sales are increasing. The state has one of the country’s highest foreclosure rates in the USA and the prices fluctuate, but still there’s a good tendency to recover. The figures show that more and more families bought their desired houses in 2009 than in 2008.The same goes with condo sales which have increased up to 90% in 2009. But the positive effect goes along with lots of uncertainty on the property. As still a lot of people can’t buy a house because of credits, foreclosures, unemployment in the state. E.g. the state’s foreclosure rate has gone up recently. Still some private investors are coming back to the market and they set realistic goal about their investment before they start bidding.

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Rainmaker
845,086
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

We are the same here in CA and it is true that sales are up but prices are still dropping.

Feb 24, 2010 12:58 AM #1
Rainmaker
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Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

Morning Nelly,  Despite some market challenges we also have seen a significant increase in all indicators.  Lets hope we get back to a somewhat normal market - whatever that is !

Feb 24, 2010 01:04 AM #2
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Rainer
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Nelly Korbut

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