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Dropping short sales slow housing sales E-mail
News - St Augustine Area & St Johns County
TAMPA A big drop in short sales appears partly to blame for the slowdown in housing sales in the Tampa Bay area and Florida, new numbers from the Florida Realtors trade group show. Some of that could be positive news. Housing prices have risen in the past year, so fewer homes are underwater and eligible for short sales, Florida Realtors economist John Tuccillo said. But worry over whopping tax bills that could come with a short sale could also be responsible, said Tampa-area Realtor Brad Monroe. read more

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