Tolaris Realty Group Reports 70 Percent Increase in Housing Sales During First Half of 2011, with a Big Uplift

LAKE FOREST, Fla. --- Tolaris Realty Group, which sells luxury homes throughout Central Florida, reports its sales so far in 2011 are up 70 percent over the same period last year.

Rick Bavec, principal and managing director of Tolaris Realty Group, said Tolaris sold over 30 properties from Jan. 1 through July 31.

Bavec said cash sales dominated the market at the start of the year but lately mortgaged sales have taken the lead.

“I’ll take the optimistic view. I see it as a sign of stabilization in Central Florida’s housing market,” Bavec said.

“It means families are coming back in, that’s healthier for neighborhoods and communities, and that drives the housing market,” he said.