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Region’s Pending Home Sales Rise

Posted by Tracy Jones on Thursday, May 26th, 2011 at 2:34pm.

Southwest Florida which includes Venice, Florida continues to experience a sharp increase in pending home sales which reached a 6-year high.  Sarasota Association of Realtors has reported its third month of more than 1,000 pending sales.   Nationally, there was a 5.1 percent rise in home sales last month.  The South doubled that rise with a whopping 10.3 percent increase.  Pending sales have not been at this level since buyers scrambled to qualify for the final month of the $8,000 federal home-buying tax credit.

For more information on Venice Florida homes for sale, contact Gulf Shores Realty at 941-488-6644 or visit http://gulfshoresrealty.com/.

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