Topic: For South Florida market, a hopeful sign
Fueled by foreign buyers and distressed sales, South Florida pending home sales were up in July compared to last year.
South Florida's housing sector asserted its independence from national trends in July as a key measure of the real estate market improved year-over-year, with the region's international buyers and still-drooping prices propping up the local housing market.
Read more: http://www.miamiherald.com/2010/08/03/1 … -sign.html