Wow, things are moving, with home prices declining and low interest rates the market is way up!
The Florida Association of Realtors says we see a definite turnaround. Sales are up 33% and the average for a single family in South Florida is now 191K a 36% drop from last year.
Troubling is the amount of those eligible for the 8k tax credit are still on the sidelines. To get the credit, a homeowner must close on the deal by December 1st 2009. Given that from looking for a home to close can take as long as 6 months they need to be in the market now.
