According to data released by Florida Realtors®, the Florida housing market had increased pending sales, more closed sales, higher median prices and a reduced inventory of homes for sale in June.
“Florida’s housing recovery continues its positive momentum,” said Florida Realtors President Summer Greene. “All of the signs point to solid gains, which is good news for the state’s economy. In June, pending sales were up 31 percent for existing single-family homes and nearly 23 percent for townhouse-condo units compared to a year ago. The trend shows that many buyers are ready to purchase their Florida dream home, but a lack of financing options and overly restrictive credit standards remain obstacles.”
This is great news for investors and people interested in investing in Florida Real Estate. If you are interested in purchasing, selling, investing in Florida Real Estate, please call us today we will be happy to help you throughout the whole process.