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Recovery on the Way?

Housing Predictor – which monitors over 250 residential property markets nationwide – says Florida appears to be emerging from the realty slump before any other state, including California.The Sunshine State is seeing population growth, and single-family...

Mortgage Rates Drop to Record Low March 2009

WASHINGTON – March 27, 2009 – Rates on 30-year mortgages fell this week to the lowest level on record after the Federal Reserve launched a new effort to assist the staggering U.S. housing market. Mortgage finance giant Freddie Mac said Thursday that average rates on...

Survey: Households Say Now is Good Time to Buy

More than three-quarters (78 percent) of potential first-time home buyers say that now is a good time to buy a home, despite widespread concern about the economy. Out of the 1,000 prospective U.S. first-time home buyers surveyed in early March for the CENTURY 21...

Florida’s Existing Home Condo Sales Rise in February 2009

ORLANDO, Fla. – March 23, 2009 – Florida’s existing home sales rose in February, making it the sixth consecutive month that sales activity showed increases in the year-to-year comparison, according to the latest housing data released by the Florida Association of...

Small Banks Could Drive Recovery

WASHINGTON – March 23, 2009 – Small banks could play a key role in spurring the nation’s economic recovery, Federal Reserve Chairman Ben S. Bernanke said Friday, as many appear strong enough to make new loans while bigger institutions have pulled back. Bernanke urged...

Home Impact Fees Cut

It is now $1,901 cheaper to build a new home in Polk County. Answering pleas from the local development community, the Polk County Commission voted Wednesday to reduce impact fees for new home construction by nearly $2,000. In addition to adopting a revised road...