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Ammendment One Credited for Rising Number of Pending Sales

March 12th, 2008 by Mike Vasilinda

Florida Realtors are reporting 20 to 30 percent increases in the number of pending sales since January. They credit Amendment one, which allowed homeowners to take their property tax savings with them when them move. Realtor spokesman John Sebree says the increases are showing up across the state.

Thats given people hope. I went to the property appraisers website myself to look at what amount I have thats portable from one home to another, which starts to make us think about the property that we could now afford that we probably couldnt previously, Sebree said.

The Realtors also say the sales are across all lines of residential property…condos, town homes and single family homes.

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