REAL ESTATE ECONOMY
"October was the height of the economic crisis, and the shock factor for consumers has not yet been fully reflected in home sales," NAR Chief Economist Lawrence Yun said on Friday at NAR's convention in Orlando. But Yun notes that some of the hardest-hit areas of the country, including Florida, show "consistent, solid gains" in pending home sales.
Read the full story:
http://www.floridarealtors.org/NewsAndEvents/n2-111008.cfm
BUYERS & SELLERS
NAR released its latest consumer survey of home buyers and sellers. A key finding: First-time buyers have risen in market share, and they plan to own their homes longer than buyers in the past.
Read the full story:
http://www.floridarealtors.org/NewsAndEvents/n4-111008.cfm
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