Timing the Market for Purchasing Rental or Investment Property

Timing the Market for Purchasing Rental or Investment Property

Gulf Coast Homeseekers - March 2012

Open publication - Free publishing - More beaches

Warren Buffett on CNBC: I'd Buy Up 'Millions' of Single-Family Homes If I Could

Warren Buffett on CNBC: I'd Buy Up 'Millions' of Single-Family Homes If I Could

New Data System Launches with 2012 Existing Sales Reports, Says Florida Realtors® – Florida Realtors Media

New Data System Launches with 2012 Existing Sales Reports, Says Florida Realtors® – Florida Realtors Media

What's hot and not in home styles this year - Yahoo! Real Estate

What's hot and not in home styles this year - Yahoo! Real Estate

Gulf Coast Homeseekers Feb. 2012

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December 2011 & Y/E Stats for NWFL

MONTHLY SALES REPORTS FOR NWFL:

Fort Walton Beach MSA (consult census data for MSA explanations):

Reporting date: December 2011.   128 condo units sold vs 117 condo units sold in November 2010. 2011's average for this area was 124 units sold. Median price of $209,500 was down from December 2010's median of $213,800. 2011’s average median price was $207,650.

Single family existing homes sales: December 2011 saw 251 units sold vs. 251 units sold in December of last year. Average sold in 2011 was 268 units. December 2011 price median was $169,400 vs. $193,100 December last year. 2011’s average median price was $179,892.

Pensacola MSA (consult census data for MSA explanations):

Reporting date: December 2011.  Pensacola sold 49 condo units compared to 48 for December 2010. Compare also to the 2011 yearly average of 58 sold. The December 2011 median price was $237,500, December 2010's median was $133,300. 2011’s average median price was $189,617.

Pensacola MSA single family homes sold 339 units in December 2011 vs 333 in the same month 2010. 2011 yearly average units sold was 326. Median price now is $128,200 vs $140,800 in December of '10. 2011’s average median price was $134,867.

Our comments:  Skip forward one year, these averages now reflect 2011 totals, not 2010 unless otherwise noted.  Some data may differ from other reports due to rounding off of statistics.    

All data retrieved from Florida Realtors® monthly statistical reports.