Real Estate News and Tips

Real Estate Gloomy in the Sunshine State

Barron's |

In Brief...

FLORIDA HOME SALES TOOK A BEATING in October, falling much more than the national figures, although pricing in the state was surprisingly strong. Florida condo sales also dropped steeply, but were in line with the national figures. Home sales in Florida fell 12.2% in October compared to September, according to the latest data from the Florida Association of Realtors (FAR), released on Nov. 23, which far outpaced a drop of 4.2% nationally over the same period, according to the National Association of Realtors (NAR).

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