Coconut Creek Real Estate, Remax ParkCreek

The good news for Coconut Creek real estate is that interest rates appear to be staying put until the US economy gets back on track and stays there.  This past week Ben Bernanke, chairman of the Federal Reserve, announced his desire to keep interest rates low due to the fragility of the economy.  Unemployment figures are continuing to rise.  These increasing unemployment figures are interfering with recovery and affecting real estate and general sales figures across the Country.

Historically low interest rates and low home values combined with the extended and expanded First Time Home Buyer Tax Credit, have been instrumental in boosting Coconut Creek real estate sales.  These incentives are bringing buyers off of the sidelines and have created a true "buyers market".

Real estate is typically a catalyst for for economic recovery and keeping mortgage rates low will be a significant help in keeping the sales coming in Coconut Creek Florida.

Click here to see a recent article about Ben Bernanke and his commitment to keeping interest rates low.

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.