Florida real estate agents report signs of recovery in property market as sales move up

[Nicholas Wallwork]

Florida, one of the most popular US states with overseas real estate buyers and one of the areas*to suffer the largest property price falls in the global economic downturn, is well on the way to*recovery, it is claimed.

Property sales in November climbed 61% from the same month in 2008, the 15th straight month in a*row in which existing home sales increases year on year, says a report from Florida Realtors.*While condo sales increased 111% from last year, the report also shows and total sales are not far*from peak levels in 2005 when Florida Realtors reported 17,219 state wide home sales that*November.

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[stevejones]

The opportunity to realize huge profits from the sale of real estate in Florida could be coming to an end soon, so smart investors are lining up now to buy property in Florida get in on the ground floor of an amazing investment possibility.

 

[Nevada Rental Homes]

thats a good sign for florida.

As i have seen good signs already in nevada, las vegas.

here is the report from property community only:-

Nevada had the highest foreclosure rate in 2009, with more than 10% of all housing units in the state.

Thank you