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A house under construction with the roof up. Builder Confidence UP

WASHINGTON – July 16, 2015 – Builder confidence in the newly built, single-family home market hit a level of 60 in July – its highest level since November 2005.

According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today, the June reading was revised upward one point to 60 to match the 10-year high. …continue

A pink piggy bank sitting on top of some money. FLA. Foreclosure starts lower than 2006

IRVINE, Calif. – July 16, 2015 — RealtyTrac’s Midyear 2015 U.S. Foreclosure Market Report finds that foreclosure starts in 19 states in the first half of 2015 were at or below their pre-crisis levels of 2006. Florida is included in that list, along with California, Arizona, Georgia and Illinois. …continue

A for sale sign and a realtor sign side by side. Prices up, inventory tighter

ORLANDO, Fla. – June 22, 2015 – Tightening inventory continued to impact Florida’s housing market in May, according to the latest housing data released by Florida Realtors®. Realtors across the state reported rising median prices and fewer days on market for both existing single-family homes and for townhouse-condo properties. Closed sales of existing single-family homes statewide totaled 24,789 last month, up 7.7 percent over May 2014.
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Two people jumping in the air on a grassy hill. Fla.’s consumer confidence up 2 points

GAINESVILLE, Fla. – Nov. 26, 2014 – Consumer sentiment among Floridians hit a post-recession high of 86 in November, an increase of two points over October, according to a monthly University of Florida (UF) survey. “The last time sentiment was this high in Florida was March 2007, over 7 ½ years ago,” said Chris McCarty, director of UF’s Survey Research Center in the Bureau of Economic and Business Research, …continue

A house with balloons flying in the sky Canadian snowbirds encouraged to buy a Fla. home

MONTREAL, Canada – Oct. 14, 2014 – As Canadian snowbirds prepare to head south, the Annual Snowbird outlook from BMO Bank of Montreal is telling Canadians that “U.S. housing affordability remains healthy, and prices are expected to increase in Florida, Arizona and other popular areas.” …continue