Recently published Florida Association of Realtors (F.A.R.) Press Release.
Attached for your review is a short article showing that real estate market trends are not as dismal as they are being painted by the media (oh! what a surprise! How could they?)
They do it because they can get away with it and there's no control over "freedom of expression", even when that "freedom" is being exercised and aimed at the demoralization of our society... Killing consumer confidence is a time bomb to damage our economy... Why would the media do that to us? (oh, what a surprise!...) Because they'd rather see our country fail, than to succeed... How awful, ain't it? Welcome to the 21st Century's Freedom Of Expression as a Weapon of Mass Destruction... and to top it all: used by American citizens (who needs foreign enemies?)... (oh, what a surprise!)... Sorry about the ranting...
Following is the text of the FAR article, verbatim:
South Florida Real Estate Market Conditions - 2nd Quarter 2007
August 15th, 2007 — Leanne Paynter
The Florida Association of Realtors (F.A.R.) has released the sales reports for the 2nd quarter 2007. Most of the South Florida real estate market is doing reasonably well despite ongoing negative media reports. Comparing the 1st and 2nd quarters of 2007, it seems that the real estate market in Broward County and Palm Beach County improved in recent months. Unfortunately, Miami-Dade County did not fare as well.
Sales of single-family resale homes and condos increased in the greater Fort Lauderdale and West Palm Beach areas when compared to the 1st quarter 2007. Median sales prices also increased in both areas during the same time period.
However, in comparison to the 1st quarter 2007, sales of single-family resale homes decreased in the greater Miami area even while sales of resale condos increased. Although sales of condos increased, the median sales price decreased for both condos and single-family homes in Miami-Dade County.
*Median is the price at which half of the homes sold for more and half sold for less.
Source: Florida Association of Realtors (F.A.R.)
***I'd love to read your comments! Ray Diaz
Wednesday, October 24, 2007
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