Weekly Condo Update 07/17/09 – Condos for Sale on Singer Island, Florida

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There are 335 condos for resale on Singer Island; 8 condos are currently pending. Three condos sold within the past 7 days for an average 71% their original list price. Rates dropped for the third straight week. The 30-yr fixed mortgage was 5.14% this week down from 5.20%. Last year at this time, the rate for a 30-yr mortgage averaged 6.26 percent.  The average …