Yep, it’s true, according to the data that was released yesterday by the Florida Association of Realtors (FAR), existing home sales are still on the rise! March statistics show a 32.7% increase in existing home sales across Florida, in comparison to the month before. Nationally, according to the National Association of Realtors (NAR), sales dropped 3%, but locally, we are spiraling upwards!

As a first time homebuyer, taking advantage of the low interest rates and $8,000 tax credit is a great incentive, but in order to qualify for the tax credit you must close by Dec 1, 2009! Therefore, if you are looking to purchase real estate in the Hernando and Citrus County, Florida area, feel free to shop around, there are plenty of awesome deals still out there, but don’t take too much time, or you may lose out on some of the great incentives available to you!

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