The latest FAR (Florida Association of Realtors) report shows increased sales activity for the fourth consecutive month with a 27% increase in existing home sales in a year to year comparison. The NAR (National Association of Realtors) reported a 6.5% increase in sales in December compared to November.
There has been a noticeable increase in the number of buyers since Christmas, too. I'm not complaining about how busy I've been but time for an occasional coffee would be nice.
New listings are continually being added to the market so inventory levels remain high. I suspect it will be a buyer's market for some time.
Monday, January 26, 2009
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