Florida existing home sales dip in January | FLORIDA TODAY | floridatoday.com


Total home sales for January 2012 are down from the same month last year; but the median sales price of homes is up, the number of pending sales is up, and the inventory of existing homes has fallen to a point where the market is balanced. This all seems to indicate that the market is stabilizing, but following resolution of the robo-signing controversey with the recent $26 billion dollar settlement the numbers of new foreclosure filings is expected to climb. Combine this with the Florida legislatures attempts to fast track some residential foreclosures and the market could very easily regress in spite of recent positive developments.

If you are facing foreclosure please do not hesitate to contact me to discuss how I can help you.


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