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Prediction: Florida real estate will fly high again by 2011

The following letter was received by the Editor of the Florida Association of Realtors Editor, Back in July 2005 I was writing a weekly real estate column for the local newspaper. The column I wrote that particular week changed my life. In the column that day, I made...

Business Picks up Where Prices Have Tumbled

Sales are picking up in markets where prices are deflated, but the business is different than it was before the bubble burst, observers say. The housing market in deflated markets–like Arizona, California, Florida, and Nebraska–are beginning to show signs...

Florida’s Existing Home, Condo Sales Rise in March 2009

ORLANDO, Fla. – April 23, 2009 – Florida’s existing home sales increased in March, making it the seventh month in a row that sales activity demonstrated gains in the year-to-year comparison, according to the latest housing data released by the Florida Association of...

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...