While I have not written anything for awhile here there has been little to write about.
After the huge price increases the year before sales and prices held flat over the majority of the spring and summer of 2013. Another trend that seemed particularly prevalent was the reduced number of cash sales (normally attributed to investors). However even with double digit declines in this group the overall sales volume held firm.
September 2014 Florida Realtors Report
Of note in the September report is the sharp increase in sales volumes. Sales are up more than 10% over the previous year and new pending sales are up more than 11%. Even the cash sales are up 6.5% due largely to an increase in REO sales clearing through the system.
Meanwhile both the workforce and employment numbers continue to set new records.