Based on stepped up buyer activity over the last several weeks, it is beginning to look like we are turning a corner in the moribund Florida real estate market.  While it is too soon to declare the housing recession is over, I can say it may be time to get back into the market if you are seeking a home you will occupy for the next three to five years.  Here is what we are seeing in our local market right now:

• Competitively priced homes.  Many sellers have become more realistic with their pricing strategy and buyers have started to take notice.

• You can buy with as little as 3.5% down.  Conventional financing now require a large down payment (typically 20%).  But many buyers are taking advantage of government backed FHA loans right now which enable them to purchase a property with a very small down payment.

• The$8,000 tax credit for first time home buyers.  A tax credit of up to $8k is available for qualified first time home buyers that purchase a home before December 1, 2009.

• Low interest rates.  While rates recently ticked upward slightly, they are still at historic lows.

Whether you are looking for a “fixer” or a totally remodeled and updated home, I would welcome the opportunity to assist you.  Right now, there are great buying opportunities out there.  Please feel free to contact me for the best homes for sale in Stuart, Palm City and Treasure Coast.