The latest news from FAR (Florida Assn Realtors) is that home sales increased 27%
in December 2008! That also means that if you are sitting on the fence waiting for housing prices to drop you may end up waiting too long. When housing sales increase and inventory decreases that means housing prices will again start to rise. The median price is now around $145K, down from a high of $198K so now is the time. I wish I had some extra $ to pick up some of the deals I have seen out there.