The local newspaper, the Daytona Beach News-Journal, published a positive article reviewing sales transaction counts comparing 2008 to 2009 numbers.

FEDERAL HOUSING FINANCE AGENCY
NEWS RELEASE
For Immediate Release Contact: Corinne Russell (202) 414-6921
June 23, 2009 Stefanie Mullin (202) 414-6376
U.S. MONTHLY HOUSE PRICE INDEX ESTIMATES 0.1
PERCENT PRICE DECLINE FROM MARCH TO APRIL
WASHINGTON, DC – U.S. home prices fell 0.1 percent on a seasonally-adjusted basis
from March to April, according to the Federal Housing Finance Agency’s monthly House
Price Index. [...]

Housing starts are up. What does that mean to me?

What has happened to property values over the last several years? Are we at the bottom or do we have further to go?

The real estate market over the last several years has progressed through a number of phases. There is no doubt that a price adjustment has taken place in the real estate market in the last few years.