On Saturday, the Associated Press reported that "the freefall is over" for housing prices! Housing prices actually edged up in May. This is the first increase since 2006. Nationwide home resales are up 9% in June compared to January of this year and sales of new homes up 17% during same period. New Construction has risen 20% since beginning of the year! This is all very GOOD NEWS! The best thing about hitting bottom is that there is only one way to go and that is up!
Call Pinellas Financial mortgage company for more information on mortgages, interest rates and the $8,000 goverment tax credit for first-time homebuyers!
We are located in Clearwater, Florida but work all over the beautiful sunshine state!