Florida’s existing home sales increase in 3Q 2008

HOME SALES

Following higher sales activity in September, Florida's existing single-family homes rose 5 percent in the third quarter compared to the same period last year, according to FAR's latest housing statistics. Says FAR President Chuck Bonfiglio, "Despite lending restrictions and the difficulties of finding affordable credit, we're seeing buyers take advantage of homeownership opportunities in the current market - buyers who want to make a long-term investment in their future."

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http://www.floridarealtors.org/NewsAndEvents/n1-111808.cfm