Florida's Housing Market Improves

By: Mike Springer Email
By: Mike Springer Email

By: Mike Springer
May 12, 2013

Tallahassee, FL-Like other states across the country, the recession hammered Florida's housing market. But now signs are pointing to a possible comeback.

"We've rebounded from it pretty well. The last two months have been some of the busiest months we've had since we've been open in 2001," said Jason Naumann, owner of Naumann Real Estate.

New data from the Florida Realtors Industry shows single-family closed sales are up about 10 percent from the first quarter last year, while pending sales number rose about 27 percent.

"Now were are starting to see a lot more activity. People are calling, people are interested in building nicer, high-end homes," said Page Pitman, owner of Pitman's construction.

The Tallahassee Builders Association's Parade of Homes is hoping to take advantage of the rebounding market. The 29 homes on display it range in price from around $160,000 to more than $1 dollars.

The homes feature everything from remote-activated thermostats to secret safe rooms and passages. And they're going fast.

"This house, we put it on the market at 10 yesterday and it sold by 2 yesterday afternoon," said Naumann.

The Parade of Homes continues next weekend. It's free to attend

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