The National Association of Realtors announced today that Pending home sales for April were up 6.7% from March. This is the third month in a row that pending sales have increased. Slowly it seems that we are creeping out of the bottom of the real estate market. Additionally, we see that 30yr mortgage rates are...
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The March numbers on existing home sales was released this morning. Existing homes sales dropped 3% to 4.57 million units compares with a revised # of 4.70 million units in February. This drop in March was actually lover than the consensus # of 4.65 million. Additionally, there was a slight rise in sales price with a...
TAMPA, FL, April 7, 2009 –Cristan Fadal, Senior Associate with CENTURY 21® Fisher & Associates in Tampa, sees all the elements of a Residential Real Estate bottom in the South Tampa Market. “With the convergence of historically low interest rates, a massive drop in prices and plenty of availability, it has become a buyer’s...
Well we have kicked up the new month with slightly positive data on the housing front. The National Association of Realtors has reported a slight uptick in Pending US Home sales for the month of February. The index was up 2.1% from a January reading of 80.4. As we have reported in February in our...