The condition of the Florida real estate market depends on your perspective. At the current the market is active and homes are now being sold with considerable involvement from foreign buyers. We will have a better understanding of the true numbers in the near future. It would be fair to say the foreign buyer is playing a significant part in the current market.
This being said, after nearly a 3 year inventory build up, sellers of homes purchased after 2003 are taking a true beating while those purchased prior to this time fare much better. From the buyers side, it is like the "Perfect Storm".......lower prices, cheap money, & highly motivated sellers. This IS the right time to buy for people that have been "fence sitting."
The "Eckler Team"
Century 21 Almar & Associates
Venice, Fl 34285