Wednesday, June 4, 2008

The Market is Turning

April Home sales have come out for the Daytona Beach area. There was a small 27 sale decrease from last year. The market is turning and buyers are starting to feel as if the bottom is here. Values are down and rates are still at almost all time lows, which is a great situation for new buyers coming into the market.
Below are the April numbers,

........April 2008 ..........April 2007 ........% change

SFR...... .556..................... 602 .....................-8%

condos... 121..................... 102..................... 19%

Total..... 677...................... 704.................. -3.9%

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