Sunday, August 12, 2012

National Association of Realtors names Pensacola "Hidden Gem"

Pensacola's housing market dubbed "Hidden Gem on the Rise" recognizes Pensacola as 1 of 3 housing markets with strong improvement~

Pensacola Florida Housing Market
Penascola, Florida~ City of Five Flags! Chosen as a #17 on
 Top turnaround market by National Association of Realtors

The National Association of Realtors recognizes 10 Top Turnaround Markets every quarter. The list tracks national housing markets and identifies those with steady economic improvement. While Pensacola didn't make quite make the top 10 list, we are currently ranked #17. In addition, Pensacola's housing market also made 2nd place on's Hidden Gem on the Rise list!

The Pensacola housing market was nationally recognized due to fewer days on the market, higher median list prices, and less overflow inventory. A strong military presence was cited as the primary reason for the economic stability in the Pensacola area. Escambia, Santa Rosa, and Okaloosa Counties are all strong military communities, and we are proud to be so!

According to this article, Pensacola has 1 in every 641 homes in foreclosure. The state average for Florida is 1 in every 410 homes in foreclosure. Read the full article on Turnaround Towns available here.

Until next time,
Realty Masters of FL~ (850) 473-3983
4400 Bayou Blvd. #58B, Pensacola, FL 32503 ~ Over 45 Pensacola rental homes and apartments!
#1 in Pensacola Rental Houses & Apartments
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