May's Tampa Bay Real Estate Newsletter with Nathan Bangs & Associates
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Tampa Florida Real Estate Market Trends |
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Existing Homes Sales on the Rise Existing-home sales were up 6.8 percent in March as buyers took advantage of favorable conditions, according to a recent report by the National Association of REALTORS (NAR). Year-over-year, existing-home sales are up 16.1 percent to a seasonally adjusted annual rate of 5.35 million units expected for 2010. Experts believe March's lif Tax Credits for Energy Improvements Although the $8,000 tax credit has expired for first time buyers, many folks are still eligible for another home-related tax credit that's available through the end of the year. The American Recovery and Investment Act of 2009 provides homeowners a tax credit for select energy upgrades on existing homes. Windows, doors, water heaters, insulation The Low Cost of Financing Home financing costs are at historic lows, making home ownership a reality for many first time buyers! Freddie Mac is reporting that the average commitment rate for a 30-year fixed rate loan is hovering around 4.97 percent as of March 2010. This is slightly below the 5.0 percent commitment rate available last year. Many experts see rate increases |
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Nathan Bangs & Associates, Keller Williams Realty |
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Nathan Bangs & Associates - Tampa Bay Office - 813.739.5965 / Buyer Hotline - 813.739.5925
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