FL’s housing market continues positive trend in August

“Buyers who have been waiting on the sidelines should see this as a sign to jump in before the market escapes them again. Sellers who have been hesitant to sell should put their homes on the market now." ~regional manager of Better Homes and Gardens Real Estate Florida. Read more…http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=281284

Average Florida mortgage reduction tops $114,000…

More than 1,000 Florida homeowners have seen an average debt reduction of $114,015 on their primary mortgage since the February approval of the settlement between leading lenders and state attorneys general. Read more…http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=280888

Homes selling quickly, time on market down…

“As inventory has tightened, homes have been selling more quickly,” says Lawrence Yun, NAR chief economist. “A notable shortening of time on market began this spring, and this has created a general balance between home buyers and sellers in much of the country. This equilibrium is supporting sustained price growth, and homes that are correctly priced tend to sell quickly…" Read more: http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=280679