Weekly Market Update-11/28/08: Condo Sales on Singer Island, Florida

wreg For Buyers , For Realty Professionals , For Sellers , Marketing Reports , palm beach Leave a Comment

There are 344 condos for resale on Singer Island; one condo has sold in the last 7 days and 14 are currently pending.  Mortgage rates plunged dramatically this week.  Rates for the 30-yr fixed mortgages averaged 5.97%, down from 6.04% last week; and the 15-yr fixed mortgage rate averages 5.75%. Mortgage experts polled by Bankrate.com this week believe rates will …