Short Sales & Foreclosures,

This article has important things to keep in mind when dealing with sellers that wish to walk the path of a short sale, foreclosure or deed in lieu of foreclosure.

http://www.brokeragentsocial.com/article.php?article_id=308

NEW HOME SALES
Sales of new homes surged in April by 16.2 percent – the biggest amount in 14 years – but the median price of a new home also dropped by the largest amount on record, according to the U.S. Commerce Department. The mixed signals left no clear picture of whether the worst of the nation's housing slowdown is over.
Read the full story:http://www.floridarealtors.org/NewsAndEvents/n1-052407.cfm