February 8, 2008 Tampa, Fl
The Miami-Dade County Clerk of Court’s office is expanding the number of days it auctions properties from two to three per week, as more than a thousand foreclosed homes are waiting for the auction block in February. Lenders are buying back most of the properties, officials say.
Read the full story: http://www.floridarealtors.org/NewsAndEvents/n4-020708.cfm
February 8, 2008 Tampa, Fl
NAR’s Pending Home Sales Index, based on contracts signed in December, slipped 1.5 percent to 85.9 from a downwardly revised index of 87.2 in November. Soft market conditions are expected to continue for existing home sales in the months ahead, according to NAR’s latest forecast, though analysts expect to see improvement by the second half of this year if Congress increases loan limits.
Read the full story: http://www.floridarealtors.org/NewsAndEvents/n1-020708.cfm
