Thursday, August 13, 2009

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."

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

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