Florida Housing Market Up 14% and Getting Hotter By The Month!
The Florida real estate market was hit hard in the downturn, but recovering nicely. Inventories remain tight while the supply of homes on the market is stable month over month. The number of distressed properties continues to decline.
Single family homeowners are receiving 94% of their asking price at the closing table. While the supply of single family homes on the market in January was only a 4.5 months supply.
Have an awesome day!
Mike
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