Fla.’s Oct. Housing: Inventory Up, Prices StableFlorida Realtors: Fla.’s single-family median price up 2% ($410K), condo median up 3.9% (over $321K). Pending sales and new listings rose in both property categories. …continue
Fla.’s Oct. Housing: Inventory Up, Prices StableFlorida Realtors: Fla.’s single-family median price up 2% ($410K), condo median up 3.9% (over $321K). Pending sales and new listings rose in both property categories. …continue
Sept. New Home Sales Surge 12.3%With too-few existing homes listed for sale, more homebuyers opted for new construction, which saw sales rise 12.3% month-to-month and 33.9% year-to-year. …continue
Fla. Sept. Report: Single-Family Sales Up 6.1%The increase breaks a pattern of declines, says Florida Realtors Chief Economist O’Connor, as prices rose 1.3%. For 3Q 2023, though, sales were down 3.2%. …continue
Vacation Home Demand Close to Seven-Year LowBy Kerry Smith
Vacation-home buyers face the same headwinds as other buyers, plus pandemic demand ended, and many have return-to-the-office orders, with loan rate locks down 50%. …continue
July New-Home Sales Reach 17-Month HighBy Kerry Smith – In a seasonally adjusted month-to-month comparison, July sales were 4.4% higher than June sales. Year-to-year sales were up 31.5%. …continue