We've had some good news this week from Washington and in the local area regarding the housing market. Sales of previously occupied homes ROSE last month - and it was the THIRD consecutive month that they went up, and didn't decline. Also, foreclosure sales and the number of homes on the market nationally declined.
We have a way to go yet, but there are signs that as far as housing goes, we are on an upswing. Prices are still low. For first time home buyers, your window of opportunity to buy a home that qualifies for the $8000 tax credit is still open - you have to close on the purchase by November 30 in order to claim the credit.
There's a renewed optimism. The Dow is up, and big businesses are starting to recover. Good news about housing could influence the rest of the economy as well.
Here in the Pensacola/Gulf Breeze area, we have plenty of great opportunities for buyers who want to live near the beach, and enjoy our wonderful Emerald Coast. Like many Florida communities, we have seen our share of foreclosures and short sales. Gulf coast residents are still seeing some hard times. However, we have not seen the glut of foreclosures and short sales pressing the market that some communities in south and central Florida have experienced. The strong presence of military families and the jobs that bring them here has insulated us from the worst of the Florida crash. And now, things seem to be looking up, not only in Florida, but around the country.
Take a look at some of the great opportunities for home ownership here in Pensacola, Gulf Breeze, and Pensacola Beach.
3360 EL PRADO ST GULF BREEZE
1616 MAUNA KEA CT GULF BREEZE
1522 LIGHTHOUSE CT GULF BREEZE
1100 FT PICKENS RD C8 Pensacola Beach
209 BARCELONA ST PENSACOLA
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