This information may be a lead in to “the light at the end of the tunnel”

According to Pensacola Multiple Listing Service:

Six out of ten months this year surpassed residential sales in 2008

Total residential sales for the first ten months of 2009 are beyond the total residential sales for the same period in 2008.

The trend for the rest of this year should be similar to sales volumes during 2007.

How much of this good news has to do with the $8000.00 credit for first time home buyers ? Only time will tell.  Hopefully this is a “springboard” to continuing home purchases in 2010. Confidence in the industry, a turn for the better in our economy and having a knowledgeable Buyer’s Agent/Seller’s Agent will keep Pensacola sales on the move.  With the average sales price (excluding waterfront) being approximately $165,000, Pensacola is certainly affordable as compared to other areas of the country.