Only 5 percent of Florida homeowners expected home values to fall during the next five years.

Just in today from the Florida Assn. of Realtors' Early Bird report states that from a recent survey conducted by University of Florida that only 5% of 287 homeowners expect home values to fall during the next five years.

82% Expect home values to rise while 135 feel they will remain the same. The median respondent expected a gain of 18 percent, or a little more than 3 percent a year. UF economists said they weren't surprised by the results.

What Florida has on its side versus other States is that Florida is still a retirement destination for baby-boomers, which should aid in pushing housing prices up eventually. However, in most Florida markets the median price of existing homes are still on the decline. The market is seeing a self-correction after the boom years since 2000.

While the report on Early Bird News may be refreshing, keep in mind that not all Florida markets are created equal.

Have a successful day!