Daniel F. Iuculano
Financial Planner ™
Contact: Dan Iuculano
Phone: (904) 302-8911
Real Estate Marketplace is divided into three main sections. The first section will be current real estate news, followed by consumer related information and finally information to help realtors grow their business.
Real Estate News - as of April 28, 2010
U.S. home prices slipped for the fifth straight month in February amid pressure from foreclosures and high inventories, but prices rose from a year ago. Consumer confidence rose in April.
Banks have fewer foreclosed homes to sell than previously believed, but those holdings are likely to grow gradually over the next couple of years.
Tax credits spurred a large jump in home sales, as first-time buyers took advantage of low prices and interest rates. But the longer-term outlook for the market remains clouded, with a large inventory of foreclosed homes expected to hit the market.
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