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time to buy: Today's Real Estate Market - 11/10/08 02:19 PM
REAL ESTATE ECONOMY"October was the height of the economic crisis, and the shock factor for consumers has not yet been fully reflected in home sales," NAR Chief Economist Lawrence Yun said on Friday at NAR's convention in Orlando. But Yun notes that some of the hardest-hit areas of the country, including Florida, show "consistent, solid gains" in pending home sales.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n2-111008.cfm BUYERS & SELLERSNAR released its latest consumer survey of home buyers and sellers. A key finding: First-time buyers have risen in market share, and they plan to own their homes longer than buyers in the past.Read the full
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time to buy: Real Estate Recovery - 09/10/08 11:48 AM
REAL ESTATE RECOVERYSince the government said it would take over Fannie Mae and Freddie Mac, there's been an accelerating drop in mortgage rates, raising hopes that more buyers might be drawn into the housing market and hasten the recovery.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n3-091008.cfm GREAT TIME TO BUYThis fall could be a great time for many buyers to jump into the market thanks to tax credits, lower mortgage rates and FHA changes that, effective Jan. 1, decrease mortgage amounts and increase downpayment requirements.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n4-091008.cfm
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Tony Perez
Naples,
FL
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Sandals Realty
Cell Phone: (239) 850-1168
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