Sunday, May 1, 2011

Good News for Florida Home Owners/Buyers


A recent article in the St. Petersburg Times claims that Tampa Bay's existing home sales skyrocketed to levels not seen in nearly five years and average sale prices also rose in several area counties. This news would indicate that the housing market is healing from the faltering economy and an increase in foreclosed properties. "It's good news," said Mark Vitner, a senior economist with Wells Fargo. "It's a further indicator that the worst may be over. The (Tampa) bay area economy is modestly improving."

Read the "good news" of the entire article HERE