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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (442489)	12/24/2008 2:27:48 PM
From: tejek	Respond to of 1587385

In contrast to the national trend, Florida's existing home sales rose in November – the third month in a row. Statewide sales rose by 4 percent over last year, according to the latest housing data released by the Florida Association of Realtors. .... Buyers continue to go after the bargains, with the median sales price for existing single-family homes in Florida down 27 percent, to $158,300 from $217,000 a year ago. The retirement demographic is still in place. I imagine a lot of boomers still want to retire to FL, and they are probably thinking "I'm going to lock in low housing cost". That's the mindset that will cause the markets to bottom in the hard hit areas. Afer all, boomers are retiring to NV and AZ as well.