Conditions are ideal for buyers to find their dream home.  Inventory is plentiful.  In Florida’s three largest markets alone, more than 125,000 homes were for sale at year’s end in 2007.  Even with these high inventory levels, economists predict that number will go down by the end of 2008.

Favorable interest rates multiply buyers’ financial power.  Even one half of one percentage point difference means a buyer could save more than $1,000 per year on a median priced home.  Buyers can get more home for the money!

Home ownership is a wise long-term investment.  Benefits are: deductions on your income tax return, locked in payment with a fixed rate mortgage, home price appreciation if you plan to stay for a few years, and a monthly mortgage payment comparable to rent payments.

International buyers benefit from the weaker U.S. dollar, multiplying their purchasing power.  Buyers also appreciate the relatively low costs of Florida property compared with similar homes in their countries.

With extensive inventories in urban and suburban locales, buyers can live closer to work, schools, and rapid transit lines.  First-time homebuyers also have many affordable options in the townhome and condo markets.

And let’s not forget Florida’s great climate, world-class beaches, vibrant economy, and diverse population!