Florida Investment Deals - growing housing market

[Gina Gee]

Florida is still a bargain for investors. I am a real estate agent in Naples - Cape Coral area and I'd be happy to assist investors in SW Florida RE market.

Closed sales of existing single-family homes statewide totaled 24,811 last month, up 24.6 percent in a year-to-year comparison.

"Positive growth in Florida's housing market is encouraging sellers and buyers," says 2015 Florida Realtors. "Inventories for existing single-family homes and for townhouse-condo properties remain in a stable range with a 5 to 6 months' supply.

"On the buyers' side, new pending sales for existing single-family homes in March increased 12.9 percent year-over-year, while pending sales for townhouse-condo units increased 1.4 percent. On the sellers' side, new listings for single-family homes rose 8.6 percent year-over-year and new townhouse-condo listings rose 5.5 percent."

March marked the 40th consecutive month that statewide median sales prices for both single-family homes and townhouse-condo properties rose year-over-year.

"Strong price growth has helped many Florida homeowners rebuild home equity - by FL Realtors.