Buyers.. Make your move.. Home Prices Up Again in June as Housing Crisis Eases

Home Prices Up Again in June as Housing Crisis Eases
http://www.cnbc.com/id/32550485

Updated IDX search for Lake City FL Real Estate MLS.....
http://realestate.chadstewart.com/

Didn't really loose in housing free fall

From Florida Association of Realtors...

"You didn’t really lose in housing free fall..... ORLANDO – Aug. 11, 2009 – Stan Smith has some news for longtime homeowners having a pity party over falling house prices in Central Florida: New research shows that current home values are just about where they would have been if the real-estate bubble had never inflated and burst.

A long-term view of the market reveals that, even though prices rose and fell dramatically in recent years, they appear to have settled back into historic patterns, according to an analysis by Smith, a University of Central Florida finance professor."
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=221351

Blogged by Chad Stewart - Westfield Realty Group in Lake City, FL

Foreclosures Short Sales - from Lake City FL

Foreclosure bargains are disappearing...Some houses go under contract less than 90 minutes after they're put on the market, says the founder of Foreclosure.com
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=221235

Here in Lake City, FL similar case as well....

41 home listings in Columbia county, Lake City FL are Bank, Foreclosure, or Short Sales,
That is out of 433 total home listings... Only 10% of the listings...

164 homes sold this year in the county...
58 of those were Bank owned, Foreclosures, or Short Sales...
Again roughly 30% of the market is this...

Chad.