Marco Island Real Estate Statistics August 2010

The Marco Island real estate market remains steady. Although, the sales volumes are slightly lower than the same time last year. On the upside, we are seeing more buyer's reinitiating their property searches, most likely to take advantage of the excellent prices available. We would expect this interest will rise as the selling season resumes in October.

If you are thinking about buying, now is the time to get the best deal!
For all the details, go to Marco Island Real Estate Statistics August 2010

30-Year Mortgage Rate Drop to Another Record Low

For the 10th time in 11 weeks, rates continue to fall to another record low of 4.32% for a 30-year fixed mortgage rate. 15 year fixed rates were down to an amazing 3.83% To see the story, click 30-Year Mortgage Rate: 4.32% - WSJ.com .

With such low home prices and affordable mortgage rates, buyers may want to consider bumping up to a 15 year mortgage to pay off the investment quicker.