News & Events

With Pinellas County home sales improving now is a good time to buy!
A recent press release issued by the Pinellas Realtor Organization shows a promising trend in home sales. Single-family home sales were up nearly 27% over March of last year and condo sales increased 58.5%.

According to a press release issued by the Pinellas Realtors Organization, “March 2010 sales were on a pace we haven’t seen in more than three years. Realtors were busier than they have been in a long time, and many satisfied consumers closed on their new homes.”

Low interest rates and lower home prices are a good incentive for homebuyers but they may want to act fast. According to Anthony M. Jones, executive director of the Housing Finance Authority, “With the real estate market beginning to pick up, interested home buyers may want to buy now before prices start rising again.”

First-time homebuyers in Pinellas County can take advantage of a low interest mortgage through its Home Key Mortgage Program which offers a 30-year fixed rate at 5.175%. Buyers who need assistance with down payment and closing costs can take advantage of the Home Key 2nd Plus Mortgage which features 0% interest and the loan doesn’t have to be paid back for 30 years or until the home is sold or transferred. Additional information is available here or by calling (727) 464-8210.