The National Association of Realtors reported pending home sales for the month of March up 3.2% against forecasts that predicted the number to remain unchanged. In the South, this number rose 8.5%, higher than the national average and up 7.7% from this time last year. With the recent $8,000 tax credit for first [...]

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The U.S. Department of Commerce recently reported a surprise jump in new home sales instead of the predicted decline. The sale of new homes in February was up 4.7% as compared to January, a sign that more buyers are coming off the fence and purchasing a new home. With the new $8,000 tax [...]

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Earlier today, the U.S. Federal Housing and Finance Agency reported a surprising jump in the monthly housing price index for the month of January, 2009. Analysts predicted about a 1% decline nationally, but the actual numbers showed an overall increase of 1.7%. Florida’s South Atlantic region reported a 3.6% jump, the second-highest rise [...]

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Between the new $8,000 tax credit and record-low mortgage rates, buyer’s agents and their clients enjoy unique advantages in the current marketplace. To keep up with the changing real estate market, savvy agents are learning how to take advantage of real estate auctions to assist clients in finding the perfect home. On March [...]

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Yesterday, in a bold attempt to get credit flowing more freely, the Federal Reserve announced its decision to pump more than $1 trillion into the mortgage market. For potential home buyers sitting on the fence, the timing just got better. Analysts expect this influx of cash to plunge already-low mortgage rates another quarter [...]

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