Real Estate Markets Rebounding?

10/16/11

 
Posted in the Wall Street Journal today, and quantified by Realtor.com data, real estate markets across the entire nation are showing inventory levels at historic lows. Markets in Florida, or more specifically cities like Miami are down 49% in listings from a year ago. Tampa market is down 33% from a year ago. And super luxury waterfront and beachfront homes in Naples and prestigious neighborhoods like Old Naples, Aqualane Shores, and Port Royal are down on average by about 40%! These are excellent statistics, as Naples Florida sees large amounts of new buyers visiting as we get closer to season 2012.


 

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