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submitted: Aug 27th 2008 | by: TomBeaty | Total views: 2 | Word Count: 556 | |

Is the Florida real estate market doing better than it has been doing? Some say yes the market is getting better while some say that it not getting better yet. But to get the real answer we need to search the facts about Florida real estate. Lets see what the facts really are on this subject.

The Florida Association of Realtors (FAR) recently reported that real estate sales are on the rise in Florida. People in Florida are evidently still purchasing homes. Yes the national real estate on average is in a slump. But the Florida real estate is doing a bit better than it was. What is this reason for Florida going against the national norm on real estate?

The April FAR report on single-home sales was promising. In April these single-home sales increased by a whopping 20% over the month of March 2008. That is almost a 2,000 home sale increase, which is great at this time. The actual figures were 9,330 houses were sold in March 2008 and the sales increased to 11,200 houses that did sell in April 2008. During the same time the national home sales were still declining.

There are several ways of looking at this increase. The weather is year around pleasant for people to be outside in. This could be one reason for increased sales. People may be getting more educated to the fact that in this type market you have to give a bit and lower prices to sell sometimes. There is still a ways to go though for the sales to be what they were in April 2007. So the realtors work on to correct the problem.

Some realtor's have offices in other countries that are bringing in foreign investors. These people want to settle and live in Florida. These realtor's are enjoying the increase in their business. Immigration has always been a factor in selling real estate even when the market is slow.

The area of Fort Myers and Cape Coral is the exception to the rule. This area has increased its sales 41% from last year April 2007 to this year April 2008. That is a huge increase. Why this huge increase in sales? It is reported that the price of homes has dropped 29% in this area. In the rest of the state the prices have only gone down 17%.

The realtor's are really trying to outdo each other as far as selling foreclosure properties in Florida. Buyer can even go on tours of the foreclosure properties by being transported in luxurious limousines. They are given a chance to get out at each stop and walk through the properties then it is off to the next one. There have been reports that the limousine sometimes has a decorative paint job. This way is definitely a unique solution to drawing more buyers.

Whether buyer or sellers market houses will continue to be bought and sold. Sometimes they may not sell as fast as the sellers need them to though. This is when the sellers and realtor's need to give a little and negotiate more. In a buyers market the buyers usually will find lower interest rates along with the lower house pricing. The beaches and the ability to play in the sun for so much of the year may be a definite thing that helps Florida real estate sell its wares.

About the Author

Tom Beaty offers Florida Real Estate information for purchaseers and sellers. Don't purchase or sell without visiting this Blog or it could cost you money: http://www.favoriteproperties.com

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