Florida Property Market Report

Florida property market is starting to rise, raising hopes that the worst of the downturn is now over.

House prices in Florida have seen their first monthly rise since July 2006, up 0.5% between April and May, according to Standard & Poor?s Home Price Index. The National Association of Realtors (NAR) said house sales had seen a ?sustainable? gain of 3.8% over the second quarter of the year.

Florida home sales rose in July to their highest level for 2 years. Agreed sales have now risen for 6 consecutive months. Max James of Barclays has already seen the change, ?The US Florida market is definitely improving?. This is confirmed by figures from the National Association of Realtors (NAR) showing that 43,000 homes were sold in Florida in 2nd quarter this year, 8,000 more than the same time last year.

Here are some recent stats on sales in Orlando:

Members of the Orlando Regional REALTOR® Association in July sold 65.23 percent more homes than in August of last year, contributing to the area?s year-to-date sales increase of 49.40 percent.

The sales of apartments in the Orlando area increased by 259.48 percent in August when compared to August of last year.

Osceola County Property Sales: 111.75 percent above 2008 (3,551 homes sold to date in 2009 compared to 1,677 in 2008).

Don?t Miss the Boat

The window of opportunity is starting to close and we encourage our VIP Members to contact us today to discuss their investment goals and objectives. Our central database system gives us access to every single property for sale in Florida. Naturally, we are unable to display all the properties for sale in Florida on our website. So if you do not see what you are looking for, do contact us and we will send you a list of properties that matches your requirement. Great businesses have built beautiful websites, build one that is custom made for you with lantana web design.

Please visit http://www.colordarcy.com/properties/florida/ to view our portfolio of properties.

Kind regards

Loxley McKenzie
Managing Director

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Categories: Florida Property / Knowledgebase


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