Following are comparative stats. for 2010, 2011 and 2012. The trend of less inventory and more deal flow continues pointing to the market coming back.
Properties Listed for Sale:
Today: 500
Same time 2011: 532
Same time 2010: 624
Properties with Accepted Offers or Signed Purchase and Sales Agreements:
Today: 55
Same time 2011: 40
Same time 2010: 32
Also, the housing stocks typically are a precursor to the housing recovery-have you looked at year over year return of Home Depot, Toll Brothers, DR Horton, etc.?
The charts look encouraging!
Anyone hear about an uptick in Florida prices? Could be good…