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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®. […]
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 […]
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 […]
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 […]
CHARLOTTE, N.C. – Nov. 5, 2018 – LendingTree’s latest State Migration Study discovered that 12.1 percent of homebuyers across the country plan to change states and most plan to head south – and the largest number prefer Florida. It’s the top destination for residents of 15 out of 50 U.S. states, most of which are […]
BOCA RATON, Fla. – Dec. 5, 2018 – U.S. metropolitan residential real estate markets are peaking and some cities are in another pricing bubble, according to the latest national index produced by Florida Atlantic University (FAU) and Florida International University (FIU) faculty. The Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index estimates wealth creation […]
WASHINGTON – Dec. 5, 2018 – Nearly three out of four American households believe that the nation is suffering a housing affordability crisis, and a majority of respondents say it’s a problem at their local and state level as well, according to a new survey conducted on behalf of the National Association of Home Builders […]
SANTA ANA, Calif. – Nov 19, 2018 – The First American Potential Home Sales Model for the month of October 2018 finds that the housing market is underperforming by 6.5 percent due largely to the lack of inventory. “The primary culprit for the housing market’s performance gap remains severe supply shortages – homebuyers can’t buy […]
Study: Higher interest rates don’t stop millennial buyers PLEASANTON, Calif. – Nov. 16, 2018 – Millennial homebuyers continued to close purchase loans in September 2018, despite interest rates rising to the highest point in the year, according to the latest Ellie Mae Millennial Tracker. Interest rates on all loans rose to 4.87 percent in September, […]
WASHINGTON – Nov. 1, 2018 – Low inventory levels of moderately priced homes continued to stifle home sales, even as it maintained the trend of increasing metro market prices, according to the latest quarterly report by the National Association of Realtors® (NAR). The national median existing single-family home price in the third quarter was $266,900, up […]