Florida home, and condo sales rising

The home and condo sales in Florida and around the US are starting to finally see a rise. Just to name a few reasons for the change are affordable pricing, lower interest rates, and a much larger inventory to chose from.  We are now noticing individuals that were once concerned buyers become new homeowners.

Florida condo sales have risen 29% since last year. Orlando condo sales have risen 36%, while Daytona Beach has seen a 27% increase. Both areas have a combined total of 1688 sales compared to 755 sales last year during the same period.

Many people know that now is the time to buy with such large condo and housing inventory to chose from and prices at a all time low, its a winning situation for all buyers out there. First time homeowners are able to take advantage of the the first time home buyers credit, and much lower interest rates, which in turn has helped to liquidate condo and housing inventory and help create a positive sign for the economy.

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