Weekly Condo Update 08/07/09 – Condos for Sale on Singer Island

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There are 340 condos for resale on Singer Island; 8 condos are currently pending. Two condos sold within the past 7 days for 71% and 90% their original list price; being on the market for 388 days and 109 days, respectively. Rates dipped this week on better than expected economic news.  The 30-yr fixed mortgage was 5.22% this week down slightly from 5.25%. Last year at …