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Florida Housing Market: Median Prices & Pending Inventory Up in August

August’s statewide single-family home median price up 4.2% to $265K, sales up 3.2% year-to-year. Condo median price up 2.7% to $190K, sales down 2.9%. ORLANDO, Fla. – Florida’s housing market reported rising median prices and more pending inventory in August compared to a year ago, according to the latest housing data released by Florida Realtors®. […]

Report: Inventory and List Prices Drop Unexpectedly

From realtor.com According to realtor.com, its total number of listings declined 1.8% year-to-year in Aug., but median list prices also surprisingly dropped 1.8% month-to-month. CHICAGO – Housing inventories grew tighter in August following what had been a year of improvement – and median listing prices saw their largest July-to-August drop since 2012, according to realtor.com’s […]

Open House September 15, 2019

OPEN HOUSE, September 15, Sunday 1:30 PM – 3:30 PM 577 Belltower Avenue, Deltona, FL Get Directions Click Here Description Features Photos Maps & Local Schools Virtual Tour Walk Score $ Click for current price 2 BEDROOMS 2 BATHROOMS (2 full) 1600 Square Feet Amazing lake views from this second-floor condo. This light and bright […]

Real Estate Is Americans’ Preferred Long-Term Investment

From Florida RealtorsWhen asked about the best investment for 10-plus years, 31% picked real estate with millennials the top pro-real estate generation. Only 20% preferred stocks. NEW YORK – When it comes to how Americans prefer to invest long-term, real estate is still the most favored investment option – 31% said it’s their preferred way […]

NAR: Pending Home Sales Climb 2.8% in June

It’s the second consecutive month with the number of listings under contract increasing and the first pending-sale year-over-year increase after 17 months of declines. WASHINGTON – Pending home sales continued to rise in June, marking two consecutive months of growth, according to the National Association of Realtors® (NAR). Each of the four major regions recorded […]

Home Affordability Unchanged – But at a 10-Year Low

NAHB: A modest increase in interest rates offset a slight decline in home prices to keep housing affordability essentially level in the fourth quarter of 2018. WASHINGTON – Feb. 14, 2019 – A modest increase in interest rates offset a slight decline in home prices to keep housing affordability essentially level in the fourth quarter of […]