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New Tropical Beach Poem Theme Wall Decor Sign Shabby NEW
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New New Canvas Beach HERONS INLET Yard Flag Sign
Flags > Decorative
$8.00
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End time: 07-Aug-10 11:53:19 PDT

New NEW Infinity Instruments Beach Sandals Sign Wall Clock
Clocks > Wall Clocks
$49.99
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End time: 30-Aug-10 11:35:27 PDT

New CORONA BEACH SAND BEER SERVING TRAY METAL SIGN NEW
Breweriana, Beer > Other
$19.99
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New CORONA EXTRA PARROT BEACH SCENE BEER METAL BAR SIGN
Signs, Tins > Corona
$8.95
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End time: 05-Aug-10 11:00:03 PDT

VINTAGE 1937 COCA COLA WOMAN ON BEACH TRAY SIGN NICE
Coca-Cola > Trays
$49.99
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SURF ART PICTURES WOOD SIGN "BEACH BUNGALOW"
Home Decor & Accents > Wall Hangings
$12.99 Buy It Now: $19.99
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New TROPICAL TIKI DRINK BEACH BAR SHOCK TOP SIGN PLAQUE
Home Decor & Accents > Plaques & Signs
$26.95
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End time: 30-Aug-10 10:48:59 PDT

New SEA ISLE CITY NJ~ Beach Shabby Cottage Chic Sign
Home Decor & Accents > Plaques & Signs
$0.99
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End time: 07-Aug-10 10:24:06 PDT

Australia Traffic Signs Beach Towel Cotton 80 x 145cm
Towels > Beach Towels
$7.23 Buy It Now
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End time: 07-Aug-10 10:10:00 PDT

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South Florida homes market shows signs of life

BY MATTHEW HAGGMAN - Miami Herald

South Florida home sales rose in August at a rate not seen in more than four years, amid signs that lower prices are drawing buyers back into the region’s long-slumping housing market.  The market still has a long way to go: The inventory of homes for sale actually rose in Miami-Dade County compared to a year earlier, and market watchers say that number needs to shrink before prices will stabilize.

Numbers released Wednesday by the Florida Association of Realtors showed existing single-family home sales in Miami-Dade County increased 22 percent and Broward sales increased 12 percent compared to the same period a year ago. Condominium sales were up 13 percent in Miami-Dade, while Broward condo activity for the month was even compared to August 2007.

It’s the first time since June 2004 that sales across the board have not declined compared to the year before.

That prompted at least one real estate analyst to proclaim: ”We’ve hit the bottom of the market.” Said Michael Cannon, a Miami real estate analyst who tracks home sales, “In spite of the Wall Street woes, we hit bottom in the second quarter of this year.”

Cannon said the rise in home sales over the first six months of the year supports his conclusion. Though he predicted that sales will continue to rise, he suspects prices have not yet stabilized.

”We are rolling back to prices of second-quarter 2004 when the market peaked,” he said.

Others disagreed, with the backdrop of Congress considering legislation to bail out a financial system in its most perilous condition since the Great Depression. Credit remains hard to find for many would-be home buyers seeking mortgages.

Stuart Miller, chief executive of Miami-based home builder Lennar, said earlier this week that the market has not touched bottom. Real estate analyst Lew Goodkin said he doesn’t see a turnaround until at least the second half of next year.

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