The significant increase in available houses for sale is good news for buyers who have many more choices available to them, but sellers now may have to revise their marketing strategies if they hope to stand out in this crowded market. |
These declines appear directly related to the October hurricane. We expect that effect will be less apparent when our January numbers are released at the end of the month, and going forward in 2006. |
We're still seeing the effect of Hurricane Wilma in the marketplace but, as we expected, that effect lessened somewhat in January from the previous month. The increases for individual home prices and total sales volume indicate residential real estate remains strong in South Florida. |