Florida is Warming Up

March 31, 2009 by  
Filed under Positive Real Estate

From the Forexhound

  • Sales for Lee County, Fla., which includes Fort Myers and Cape Coral, were up nearly 80 percent from 2007 to 2008, he says. “That’s pretty impressive. The caveat is the prices are half.”
  • Who are Trulia’s top searched cities? 7 of 10  cities were in Florida.
  • According to the Office of Federal Housing Enterprise Oversight, in the fourth quarter of 2005, home prices rose 36 percent in the Cape Coral-Fort Myers area, 38.3 percent in the Naples-Marco Island area, and 28.2 percent in the greater Miami area. In just the last quarter of 2008, prices fell 32.9 percent, 32.8 percent and 24.1 percent respectively.

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