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Category Archive for 'Florida Real Estate News'

Total housing inventory at the end of June rose 2.5 percent to 3.99 million existing homes available for sale, which represents an 8.9-month supply at the current sales pace, up from an 8.3-month supply in May.

“The supply of homes on the market is higher than we’d like to see. But home prices are still holding their ground because prices had already overcorrected in many local markets,” Yun said. Raw unsold inventory remains 12.7 percent below the record of 4.58 million in July 2008.

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Pelican Real Estate was established in 1996 by William H. Smith in Seagrove Beach Florida. Pelican has grown into the largest locally owned real estate company in Northwest Florida. With offices from Panama City to Navarre and beyond, Pelican is here to serve you. Pelican is a full service real estate brokerage based in Destin, Florida offering expertise in residential real estate, commercial real estate and investment real estate.
Pelican Real Estate provides the highest standard of service to the buyers and sellers of real estate throughout the Gulf Coast of Northwest Florida and the region. All Agents are dedicated to responsibility, accountability, and professional integrity before and after each sale. Our Philosophy is simple. Customer service is our core principle. We are professionals, who understand that you deserve the very best. The proof of quality service is in our repeat customers and referrals from family and friends.

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