The Florida numbers are out. Florida overall continues to be in a buyer's market with a stale market. The Gainesville area is no different. We are experiencing about 14 months of inventory and buyers continue to be affected with the tax issue. The homes that are selling are those of great value, in move in condition, and with great terms. Florida existing home sales: -34% Florida existing condo sales:-28%Florida existing home median price:$237,000Florida existing condo median price:$202,500Florida consumer confidence: 83National existing home sales: -2.1%National existing home median price$223,700National (Freddie Mac) mortgage rate6.63%
Comments
0