Well, things keep getting better and better in central Florida!
- The median home asking price has declined to $207,500 from last months $216,000. (It is 17% lower than last year at this time.)
- The affordability index rose to 103.8% which means the median Florida home income has MORE than enough to afford a home in central Florida.
- The July 2008 inventory of homes is 4.9% lower than it was last year at this time.
(That means there are FEWER homes on the market than last year.) - Since January the supply of homes for sale has been decreasing steadily resulting in 46.2%
less homes on the market. Eventually, this will lead to a balancing of the real estate market in central Florida.
I have posted several blogs about what has been happening in the central Florida real estate market:
So, as you can see, things ARE getting better in central Florida real estate!!
This blog was brought to you by:
Alexander Harb, PSEM®, E-Agent®
Beach and Luxury Realty Inc.
Alexander Harb -- PSEM®, E-Agent®
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Alexander,
When it comes to information in florida you always do a great job, nice to see you again ! :P keep that great enthusiasm.
Ray Saenz
Thanks Ray..... I just look at the facts and report on them...it is that simple....
Once per month does it!!
=-)
Alexander - Great facts and some great links for people interested in getting more information!
Sal................ Thanks for the complement... I included links to my past posts to show I am NOT a dreamer...I have been writting about this since it happened!!
=-)