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Pending Home Sales Up In Florida

March 26th, 2008 by flanews

Despite dire predictions and months of declining home sales, the tide seems to be turning for realtors. Pending home sales for this year are up 30 percent. Realtors credit amendment one for the increase. The amendment cut property taxes on average by 300 dollars a home.

“Recently, we surveyed our members. One-Third of them, that’s 50,000 Realtors say Amendment 1 is already making a difference in the market place,” said Chuck Bofigglio, the President of Florida Realtor’s Association.

Governor Charlie Crist campaigned for amendment one. It passed in late January.

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