Clearwater FL Pending Home Sales Soar In February,Buyers Are Everywhere.
April 7th, 2010 Categories: Clearwater Florida
Clearwater FL – 
As expected, the Clearwater FL Pending Home Sales shot higher in February, boosted by the federal home buyer tax credit’s April 30 deadline.
Versus the month prior, February’s index rose 8 percent but remains well off the highs set last October.
For today’s home buyers and seller, the Pending Home Sales Index is an important measurement. This is because a “pending home” is a property that is under contract to sell, but not yet closed.
According to the National Association of Realtors®, 80% of homes under contract close within 60 days, historically. Therefore, a higher Pending Sales figure in February projects that April’s Existing Home Sales will be higher, too.
If you’re a ClearwaterFL home buyer today, no doubt you’ve noticed the extra market activity.
On right-priced homes, multiple offer situations are more common; sales prices are settling closer to listing price; Days on market is falling. These are the signs of a buyer-heavy market. It drives home supplies down and home prices up.
It’s a good time to be a seller, in other words. Especially as buyer activity looks poised to peak.
When the home buyer credit faced its last expiration in November 2009, we saw a pattern of buyers rushing to beat the deadline. There’s no reason to expect that won’t happen again. And as it does, Pending Home Sales should continue to climb. Average home sale prices should rise.
Clearwater FL Home buyers may find it smart to go under contract sooner rather than later. Pending Clearwater Home Sales is a warning shot. Higher home sales figures are ahead. Your Clearwater FL Realtors (Jack and Cyndee Haydon) will be able to let you know exactly what’s happening in your neighborhood right now.
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Call or email us today if you are thinking of selling your home or condo in Clearwater FL, Dunedin FL, Safety Harbor, Palm Harbor, Largo, Seminole, Tarpon Springs, Clearwater Beach FL, Belleair Beach, Indian Rocks Beach FL, Indian Shores, Redington Shores, North Redington Beach FL, Redington Beach, Madeira Beach, or Treasure Island FL.
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We’d like you to know that we are passionate about being your real estate advocate. We’re committed to delivering Results based on Integrity, Knowledge & Experience – helping you find the perfect beach house or condo– just ask.
We’d like to be YOUR Real Clearwater Estate Team – specializing in luxury waterfront homes and condos!
Call Jack @ 727710.8036 or Cyndee @ 727.710.8035
Jack and Cyndee Haydon
Charles Rutenberg Realty
1545 S. Belcher Road
Clearwater, FL 33764
Jack Cell: 727-710-8036
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About Cyndee Haydon
Cyndee Haydon, Realtor with Future Home Realty specializing in luxury waterfront and beach homes of Clearwater Beach - St Pete - Tampa Bay area with her husband and partner, Jack Haydon Cyndee's Google Profile
