A total of 10,443 existing homes sold statewide last month. Florida’s median sales price for existing homes last month was $169,700; a year ago, it was $222,200 for a 24% decrease.
[Source: Florida Association of Realtors]
“I suspect that we are coming to the end of the housing downturn, as applications for new mortgages, the most important series, have flattened out. I think that the worse of this may well be over.” - Alan Greenspan, October 1, 2006
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