WASHINGTON – Oct. 9. 2014 – Tight mortgage lending standards continue to affect single-family builder sales, according to a survey released by the National Association of Home Builders (NAHB). According to “well over half of the single-family builders surveyed,” lending standards were “tight” or “very tight.” Only 11 percent indicated that standards were “somewhat easy,” and no builders described them as “very easy.” …continue →

ORLANDO, Fla., Sept. 22, 2014 – Florida’s housing market saw higher median prices and a rising inventory in August, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 21,594 last month, up 4.2 percent over the August 2013 figure. …continue →

Before you buy your new home, you should consider annual flood insurance costs. Flood zones determine the premiums for flood insurance rates and set construction standards for parcels located in the Special Flood Hazard Area, commonly called the FEMA floodplain.

A Special Flood Hazard Area (SFHA) is defined by FEMA as …continue →

ORLANDO, Fla. – Sept. 10, 2014 – Over half of Florida’s June property sales (50.9 percent) were all-cash transactions, according to CoreLogic, an Irvine, California-based financial data company. Second-place Alabama had 48 percent all-cash sales. …continue →

July 2014 Press Release & Market Indicators
Home sales and prices continue to climb in Lee County (Fort Myers, FL–August 22, 2014) In Lee County, 1,042 single family homes sales were completed in July 2014 compared to 1,005 in July 2013, an increase of 3.7 percent. …continue →