Weekly Condo Update: 5/8/09 – Condos for Sale on Singer Island, Florida

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There are 380 condos for resale on Singer Island (4 new listings came on the market over this past week); 5 condos are currently pending and 2 condos sold within the past 7 days. The condos that sold closed for 87% and 90% of list price. Rates on 30-year mortgages rose this week from a 4.78% average to a 4.84% average.  Rates have been below 5% for eight …