Loans Coral Springs FL: Home Sales in Florida are More Solid Then You May Think.
The home sales market is strong contrary to popular belief. According to the National Association of Realtors, and the real estate trade groups, thirty two percent of home sales were made by first time home buyers. Additionally thirty three percent of home sales were made with cash or no mortgage, and thirty percent of home sales were on foreclosed homes or short sale homes. If this wasn’t intriguing enough, it is reported that over four and a half million homes were sold in February on an annualized seasonally adjusted basis. This report signifies a nine percent rise compared to the prior year. With only a little under two and a half million homes for sale in the nation, which in itself is a nineteen percent drop from last…