Leave a comment »Coconut Creek Real Estate: All Signs Pointing Toward National Real Estate Stabilization
Positive signs for real estate have surfaced yet again, indicating a troubled market that appears to be stabilizing. Things are looking up for Coconut Creek real estate as well. July housing statistics are in for the Country as a whole and have exceeded economists forecasts with sales up over 9%. While the number of sales are down considerably from the peak of 2005, they are up quite a bit from January. Coconut Creek real estate is improving dramatically with sales up 67% compared with a year ago according to statistics at Trulia.com.
The upswing of Real estate sales is largely attributed to the first time homebuyer tax credit which covers 10% of the value of the home up to $8,000. The current tax credit is only good until December 1st and there is a big push to extend the credit. Home builders in particular want to see the credit extended because any projects that are started today cannot be guaranteed finished by the tax credit cut-off date. It is a great time to get together with Silva Stoyanova and look at the Coconut Creek real estate market.
For more information on Julys sales and the current state of the National real estate market visit Yahoo Real Estate.
For the best in Coconut Creek real estate experience and knowledge contact Silva Stoyanova at 954-673-4402. Silva has access to the Coconut Creek MLS and all available listings in the area. http://www.coconutcreekrealestatehomes.com/004F09
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