I believe this is more evidence that better days for Florida real estate values are on the way.

The way I read the data reported by the Mortgage Banker Association is that Florida may have the most foreclosures right now but since delinquencies are down, the outlook for the not too distant future is good for real estate values. If Greece holds together (it looks like it will short term) and the DOW remains high, this year will probably be the last year for this recession’s bargains on Florida homes and condos. I’m not saying you should rush into buying in Florida but if you have looked at everything and decided to purchase, doing it now will probably save you a lot of money.