Pinellas Property Online

1. Florida home sales rise 8 percent in one month
(Home News/National News)

... million units, the National Association of Realtors reported. Sales year over year were up 9.8 percent. One factor cited for the month-to-month drop was the expiration of tax credits geared toward first-time ...

2. International Interest in U.S. Homeownership Increases, Realtors Report
(Home News/National News)

... percent of foreign buyers paid all cash. Realtors reported that a majority of international buyers use all cash because of the difficulty in establishing international credit in the U.S. Over one-third, ...

3. Tick, tock ... tax credit deadline looms
(Information and Facts/Mortgages and Money)

How's it going out there, racing to close home purchases by 11:59 p.m. Wednesday? That remains the deadline to qualify for the homebuyer's tax credit of up to $8,000. A measure extending the closing ...

4. Home price declines slowing in Tampa Bay area - Tampa Bay Business Journal
(Information and Facts/Pinellas Home Market)

... (3.4 percent down) and Washington (3.1 percent down). “The monthly increase in the [index] shows the lingering effects of the homebuyer tax credit,” said Mark Fleming, chief economist for CoreLogic, ...

5. Florida’s existing home, condo sales rise in May
(Home News/Florida News)

... tax credit's wake. "The housing market has to get back on its own feet," said NAR Chief Economist Lawrence Yun, "and now appears to be in a good position to return to sustainable levels even without ...

6. Super low mortgage rates
(Information and Facts/Mortgages and Money)

... the Home Buyer Tax Credit be extended? The answer to this question is not known as of this Friday morning. The Senate has approved an amendment to a larger bill to do so, but the larger bill is still being ...

7. NAR Commends Senators for Offering Homebuyer Tax Credit Extension
(Home News/National News)

The National Association of Realtors on June 11 expressed thanks on behalf of America’s homebuyers to three Senators for introducing a measure to extend the present home-buyer tax credit closing deadline ...

8. Next few weeks are crucial for home buyers
(Home News/National News)

The next few weeks are crucial for home buyers, who need to close a purchase by the end of June to claim the federal home-buyer tax credit. A hiccup during the next month could cost a buyer thousands of ...

9. Florida’s existing home, condo sales rise in April
(Information and Facts/Mortgages and Money)

... the second month in a row that the statewide existing-home median price has increased over the previous month's median. "Buyers responding to the federal homebuyer tax credit before it expired helped ...

10. Consumer confidence rises in May
(Home News/National News)

... rates are near historic lows. There are worries that last month's expiration of the government's home buyer tax credit will hurt sales in the coming months. In contrast, The National Association of ...