Friday, September 24, 2010

Sept 23, 2010

Florida Home Sales up 1% in Aug...but prices continue to fall across the board.
Sales for Ft Lauderdale homes were down 16 %, yet in Miami they rose 12%.
Palm Beach homes inched up 5% but the median price sales were down 7% and for the entire state the median sales price was down 9%.
Foreclosures are still mounting & no relief is on the horizon.
Gold and silver prices were up, nearing $1300 for gold and $22 for silver signalling retreats to safer havens.