As of October 25, 2012, there were only 12 homes for sale at the Lakes of Jacaranda.  As the graphs below reflect, prices have stabilized, they have bottomed out, and we are beginning to experience small, incremental price increases.  Appraisals remain problematic. [...]

“More Signs of Sale Price Increases” --- Harold Bubil’s October 14^th Herald Tribune story zoomed in on a projection by Dennis Capozza, a University of Michigan professor of finance and real estate and founder of University Financial Associates, that under current economic conditions, prices will cumulatively increase between 8.5% and [...]