Upward Trend for Florida’s Housing Market

Posted on: December 9, 2011

Florida Real Estate Upward Trend

Florida real estate sales are up, inventories continue to fall = Good time to sell!

The latest news from Florida Realtors shows that Florida’s real estate market is entering 2012 on an upward trend. This recent data comes from three leading U.S. economists.

According to Chief Economist Dr. John Tuccillo, “[In Florida] Sales are trending up, listing inventories are falling, the supply of lender-related properties has stabilized, and we are seeing multiple offers on homes in some local markets.” Tuccillo was also quoted as saying that Florida homes may be undervalued, which he continues with, “That may seem like a drastic statement, but a buyer who plans to own the home for five to seven years can get some great bargains today.”

Senior Economist at Wells Fargo, Mark Vitner, explains that “Florida’s economy is recovering, with tourism and healthcare leading the way. International tourism has been particularly strong in Miami and Orlando.”

With local real estate sales going up, along with the significant shortage of inventory in our area, homeowners who are considering putting their home on the market would be wise to begin the process immediately! Today’s historically low interest rates are enticing buyers who were waiting for the lowest possible interest rate in order to increase their buying power… but these buyers are having a hard time finding their perfect home due to our area’s low inventory. Therefore, it is the perfect time to list your Melbourne Beach, Indialantic, Indian Harbour Beach, Satellite Beach, Suntree or Viera home for sale! Lower inventory means less competition in the marketplace!  Call or email me; I would be happy to provide you with a free comparative market analysis to help you determine your home’s current value.  Let’s get your home listed and get it sold!

Source of info:

Start your dream home search right here: Carolyn Smith Realtor Website

Whether you are buying or selling, it would be my pleasure to represent you!

Please call or email me today to review your real estate needs!

Contact me, Carolyn Smith at:

Phone: 321.271.0870


SRES – Accredited Seniors Real Estate Specialist

CDPE – Certified Distressed Property Expert

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Your Coastal Estate Team: Carolyn Smith, Realtor & Bridget Sentz, Realtor

"Your Coastal Estate Team"

Contact Carolyn at:

RE/MAX Olympic Realty
445 Fifth Avenue
Indialantic, FL 32903

Direct: 321.271.0870
Fax: 321.574.3044


Contact Bridget at:

RE/MAX Olympic Realty
445 Fifth Avenue
Indialantic, FL 32903

Cell: 321.537.5720
Office: 321.952.4000


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