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In the state of Florida sales of existing condominiums rose 10% in September in a yearly comparison, according to Florida Realtors.According to the latest housing data, median sales price for existing condos came in at $83,400 in Florida, showing an 18% decrease compared to September of 2009. The me [Read More]

Ex-president, Bill Clinton stood by Alex Sink at a rally in Miami, Miami-Dade County, Florida in an effort to aid her in obtaining the Governor seat in the November 2, 2010 election. Running against Republican Rick Scott, a political rookie, the attack ads as well as the debate earlier this week has [Read More]

Pending Homes Sales showed a slight increase according to the National Association of Realtors (NAR) last month. Rising 4.3% on a monthly comparison, the pending home sales indicates that closings will continue to rise in the next couple of months.According to Lawrence Yun, Chief Economist of NAR, A [Read More]

According to many analysts, the gain in the Standard & Poor's/Case-Shiller 20-city index is only temporary as they believe that home values will take a plunge in major markets right on into 2011."Home buying season" is coming to close with not much action to speak of. Between the high unemployment r [Read More]

Existing home sales in the state of Florida rose by 1% last month in an annual comparison and 3% in a monthly comparison, according to Florida Realtors. The median home sales price in Florida dropped 9% to $134,000, making homes in sunny Florida more affordable than they have been in many years.Cond [Read More]

According to the Miami Association of Realtors and South Florida MLS, pending home sales combined with pending condominium sales have jumped 33.7% in August in a yearly comparison.Economists believe the rise is due to the the rock bottom home prices in the Miami-Dade Florida area, reflecting a 50% l [Read More]

According to the Government Accountability Office, Florida came in number 3 in the nation, with nearly $65,000 first time homebuyers that took advantage of one of the IRS tax credits under the Housing, Recovery and Assistance acts.Although Florida ranked number three, California took the number one [Read More]

After a concerning decline in the pending home sales over the last few months, the National Association of Realtors (NAR) Pending Home Sales Index (PHSI) showed an incline of 5.2%!Pending home sales reflect contracts that were signed during the 30 day period. As the closing process can take a few mo [Read More]

The first change to the flood plain designations in Collier County, Florida have been released, showing that nearly 1/3 of Golden Gate Estates is currently in a flood zone. This has left residents curious as to how their homes have fallen in a flood zone if their homes are well above sea level.The n [Read More]

The controversy continues over Amendment 3, a proposed amendment to the Florida Constitution that would allow homebuyers that have not owned a home in 8 years a claim to a property tax break. In addition to the tax break, the amendment would lower the annual tax appraisal cap for rental property and [Read More]