March home sales soar!

Area March home sales increased 32% (Hillsborough, Pinellas, & Pasco) and one local economist is quoted in the St. Petersburg Times as saying: "We're either at or very close to bottom of the market...It would be crazy to wait for the last nickel to fall."

The number of home sales reported in March compared to February:

Pasco:  +26.5%
Hillsborough:  +33%
Pinellas:  +32.5%

Additionally, the St. Petersburg Times reports that the average sales price of homes in Pasco increased $26,000.