Finally, the statistics are bearing out what we have known for several months. Florida’s real estate market, and particularly the Tampa Bay real estate market, is on the rebound. A recent story in the St. Petersburg Times reported that existing home sales in the Tampa Bay area notched a 36 percent increase from February to March 2011. According to the article, which was based on information supplied by the Florida REALTORS® and National Association of REALTORS®, it was the biggest increase since late 2005. The article magnified those statewide numbers to include existing home sales in Pasco, Pinellas and Hillsborough counties from February to March, and that uptick came in at 32 percent. That is more than double the 15 percent of existing home sales statewide since March 2010, and more than five times the national average during the same period. Unfortunately, the Times did not include Hernando County in … Continue reading →