Florida Realtors: July Housing Market Had ‘Wave of Closed Sales’ORLANDO, Fla. – Florida’s housing market continued its positive momentum in July despite the coronavirus pandemic, with more closed sales, more new pending sales, higher median prices and more new listings compared to a year ago, according to Florida Realtors’ latest housing data. …continue
ORLANDO, Fla. – Florida homeowners: There’s never been higher demand for your home. Economists generally consider a six-month supply of for-sale homes (inventory) to be balanced between buyers and sellers. An inventory greater than six months is a buyer’s market; an inventory less than six months is a seller’s market. …continue
RE Recovery Index: 2 Fla. Cities Beating Pre-Pandemic LevelsThe U.S. real estate market is now doing better than it did before the pandemic, with the Recovery Index hitting 103.8 compared to a back-to-normal score of 100. Two Central Fla. metros have fully recovered as South Fla. and Jacksonville move closer. …continue
Builder Confidence Back to Its Optimistic Pre-Pandemic LevelWASHINGTON – In a strong signal that the housing market is ready to lead a post-COVID economic recovery, builder confidence in the market for newly-built single-family homes jumped 14 points to 72 in July, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI). …continue
Builder Confidence Surges in June – Housing Rebound UnderwayWASHINGTON – Builder confidence in the market for newly-built single-family homes jumped 21 points to 58 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI). …continue
