Sunny Isles Beach, Florida 7/25/2008 10:04:04 PM
News / Business

11,700 homes sold in June in Florida

Home sales leveling off in Florida

According to the Florida Association of Realtors in a year-to-year comparison report issued on Thursday, July 24, 2008, a total of 11,700 existing homes sold statewide last month while 12,276 homes sold in June 2007 for a decrease of 5%.

Still it means 11,700 closed transactions and a relative leveling off of previous months stats and of course is in stark contrast to media reports that make it appear to a broad public that ‘real estate is dead’!

Well priced houses and condos sell – throughout the state and throughout the country.  

Especially in Southeast Florida the British, Italian, Spanish, Russian and German buyers flock the market place as they find reduced home prices extremely lucrative, especially with a low dollar against the Euro and Pound Sterling.

MiamiJustListed.com is your source for up to date real estate information.