Welcome to Paradise!
A building that is being built in the middle of nowhere. Nov. Housing Starts Up 1.2%, Building Permits Up 6.2%

WASHINGTON – Single-family starts flattened in November as builders struggled to meet demand, while overall housing starts increased 1.2% to a seasonally adjusted annual rate of 1.55 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. …continue →

A house made of money with an arrow pointing up. NAR: Oct. Pending Home Sales Down 1.1%

WASHINGTON – Pending home sales fell slightly in October, according to the National Association of Realtors. Contract activity was mixed among the four major U.S. regions, with the only positive month-over-month growth happening in the South – but each region had year-over-year gains in pending home sales transactions. …continue →

A sunset over the water with palm trees and boats. Demand for Second Homes Up 100% Year-to-Year

SEATTLE – Sales of vacation homes are soaring, even as millions of Americans grapple with financial devastation triggered by the coronavirus pandemic. In October, demand for second homes skyrocketed 100% from a year earlier – the fourth triple-digit increase in the last five months, according to a new report …continue →

Piggy bank and model house on dollars Fla.’s Housing Market: Sales, Median Prices, New Listings Up in Oct.

ORLANDO, Fla. – Florida’s housing market continued to be a bright spot for the state’s economy in October, even as the coronavirus pandemic showed no signs of easing. More closed sales, more new pending sales, higher median prices and more new listings were recorded statewide last month compared to October 2019, according to Florida Realtors® latest housing data. Single-family existing home sales rose 26.9% compared to a year ago. …continue →

Fla.’s Housing Market in 3Q 2020 Shows Strength Amid Pandemic

ORLANDO, Fla. – Florida’s housing market reported strong gains in the third quarter of 2020 even as the coronavirus pandemic continued, with more closed sales, rising median prices, more new listings and more new pending sales compared to 3Q 2019, according to the latest housing data from Florida Realtors®. …continue →