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News & Information: Real Estate News

Florida pendings leap 38 percent

Tuesday, May 22, 2012  
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Florida’s housing market had increased pending sales and higher median prices in April along with a greatly reduced inventory of homes and condos for sale, according to Florida REALTORS® latest housing data.

The statewide tally for existing single-family pending sales is up 38 percent compared to April 2011, while the median sales is up 10.2 percent from the year-ago figure. Closed sales of existing single-family homes are down 0.7 percent.

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