This is an article about the housing market in Florida as well as other states. It states that the prices have dropped between 24%-30% which makes it affordable for people to buy homes. Due to the decreasing prices, the Florida market is not doing that bad after all.
Please click on the link below to read the article.
http://realtytimes.com/rtpages/20081202_realestateoutlook.htm
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I am not sure I agree with the viewpoint of the writer of this article. He only talks about the states of California and Florida. I do not see these particular two states as being an indication of the housing market bouncing back. There could be a lot of totally diverse reasons for a jump in house sales in these two states that have nothing to do with the overall general health of the housing industry.
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