GOOD NEWS For Miami/Fort Lauderdale, our median price has increased by $8,000 or 3.8% to $218,000 and our home sales increased by 12.9%. Existing Home Sales declined slightly on a National Basis. See full article below. To find your dream home using the areas most advanced search tools: Click here
Existing-Home Sales Rise on Home Buyer Tax Credit and Favorable Market Conditions
WASHINGTON (April 22, 2010) – Existing-home sales declined slightly in February, with modest gains in the Northeast and Midwest offset by softer sales in the South and West, according to the National Association of Realtors®.Buyers responding to the homebuyer tax credit and favorable affordability conditions boosted existing-home sales in March, marking the beginning of an expected spring surge, according to the National Association of Realtors®.
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Next release: Existing-Home Sales for April 2010 will be released on May 24, 2010, 10am ET.