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
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
Fla. OKs New Property Insurer: Mainsail InsuranceThe Florida Office of Insurance Regulation says changes passed by the Fla. Legislature have attracted new insurers and removed 280K policies from Fla.-owned Citizens. …continue
Builder Confidence Moves a Bit Higher in JulyWith the tight inventory of existing homes, the market remains solid for builders, and the index measuring attitudes moved one point higher to 56 from June’s 55. …continue
Fla.’s May Housing: Inventory Up, Median Price FlatFlorida Realtors: YOY single-family home median price flat at $419.9K, supply at 2.7 months. YOY condo median price up 0.9% to $325K, supply stands at 3.6 months. …continue