Pent Up Demand means Bargains

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1st Quarter 2008
Realtors around the state of Florida expect buyers and sellers’ pent up demand to generate an immediate increase in home sales following passage of Amendment 1, which allows buyers to take their Save Our Homes tax savings with them when they move.

“People who buy now are getting a great deal because home prices have fallen,” says FAR President and St. Petersburg Realtor Nancy Riley. “These price reductions, combined with portability, will mean a great deal on the taxes owed on their new home.” "Those who have been dreaming of buying their first home will find this the best market in many years.”