It looks like there's reason for cautious optimism in the Florida real estate market. The Florida Association of REALTORS (FAR) announced that sales of single family homes increased slightly in July, 2008 vs. those in July, 2007. Even more good news: Florida's single family home median sales price is up 18% over the last five years, with the current price standing at $193,600.
I'm convinced that two recent acts passed by Congress will continue to boost the housing market: one is the housing stimulus bill and the second is the first time homebuyer's tax credit. The National Association of REALTORs seems to feel the same way; a recent report from the NAR states that existing home sales are expected to show modest improvement in the coming months.
Even with the slight upswing in prices, this is still a GREAT time to buy in the Jacksonville area. I'm always updating my inventory of available properties-call me and let's work together to find the one that's right for you.
Gina
http://www.sunshinestatesales.com I am an 18 year resident of Florida, and specializes in the residential market for Buyers and Sellers, even if you are out of state or out of the country.
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