Making this a better time to buy a home, Congress is now offering a tax credit to help first time home buyers. If you qualify and buy a principal residence before December 1, 2009 then you’re eligible for the credit- allowing you to deduct 10% of the purchase price of your home up to $8000 when you file your taxes. Click Here for more information.

Press Release from the Florida Association of Realtors – May 23, 2008

ORLANDO, Fla. – May 23, 2008 – Florida Realtors® statewide reported an upswing in existing home and condominium sales from March to April 2008, according to the latest housing statistics released by the Florida Association of Realtors® (FAR). A total of 11,200 existing single-family homes changed hands in April, a 20 percent increase over the previous month when 9,330 homes sold. Existing condo sales statewide rose 21.6 percent, with 3,900 units sold in April compared with 3,207 condos in March. Read the full article here.

Press Release from the Sarasota Association of Realtors- May 23, 2008. 

Home sales in the Sarasota MLS for April 2008 stood at 567 – the highest level in 10 months, and approximately 72 percent higher than the sales in January 2008. In 2008, sales have been progressively stronger month by month, possibly due to the influence of the new property tax portability law adopted in late January. Sales have climbed from 329 in January to 423 in February, then 514 in March. Read the full article here.