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Written by Greg Snow
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Thursday, 30 April 2009 14:47 |
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If you are lucky enough to be a first time buyer* (not having owned a home in last three years) then this is the"best of times", www.ataleof2cities.com , for buying in our southwest Florida marketplace. From the National Association of Realtors, www.nar.org, the latest stats show that over 53% of all purchases in March 2009 were first timers. Despite a 12..5% decrease from the previous quarter, Florida had the second highest total in the nation. Home sales are higher than a year ago and since it costs less to buy than rent because of low interest rates, banks are seeing multiple offers and many selling above the listed price. Add in the $8000 credit and many that have good credit, verifiable income, and the long held American Dream are making it happen in southwest Florida.
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