SOUTH FLORIDA HOMES ARE SELLING

Dont beleive everything you read in the UK papers

“Prices to drop even lower in Florida”

Florida’s existing home sales rose in January, making it the fifth month in a row that sales activity showed increases in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). Existing home sales rose 35 percent last month with a total of 9,450 homes sold statewide compared to 6,810 homes sold in January 2008, according to FAR.

Florida Realtors also reported a 13 percent gain in statewide sales of existing condominiums in January, making it the fourth recent month (following September, October and December) that statewide existing home and existing condo sales were higher compared to year-ago levels.

House sales are up 35% on last year and rising

Dont miss the bargains available in South Florida

The market here is turning, sales are up on previous years figures, people from all over the world are taking advantage of the amazing bargains, prices are at 1980’s level.

Several UK papers have predicted an even greater drop in prices this is not true. The only exception may be in older homes that are in need of extensive renovation this type of property may still drop in value.