From January to February 2008, home prices in Palm Beach County rose slightly from a median price of $343,200 to $344,600, according to the Florida Association of Realtors.

Prices of condominiums in Palm Beach County tell the same story, rising slightly from January 2008 to February 2008, but down 24 percent from February 2007.

Although there is still a way to go – actual sales were down 28 percent from one year ago – many Realtors see the increase as a positive sign that change is upon us, or at least some stabilization within the market.

Others warn against being too optimistic so soon for fear that a “false bottom” will cause complacency and eventually result in further decreases in home values.

Messages are mixed – for every positive sign there seems to be a negative one to cancel it out, but the industry remains hopeful that a change for the better is on the horizon.