Typical 2010 Buyer Earned $229K in 10 YearsWASHINGTON – Homeownership is a leading source of net worth among families, akin to a silent savings account that doubles as a place to live. Built over time, housing wealth is primarily achieved by price appreciation gains, which the nation has seen accelerate at a record pace during the last decade. …continue
Fla. Home Sales, Median Prices Up in JanuaryFlorida Realtors: Statewide single-family home sales up 1.4% year-over-year, median price up 23% to $375K. Condo sales up 6.7%, median price up 23.9% to $285K. …continue
January: Housing Starts Down, Building Permits UpWhile the number of housing starts declined 4.1% compared to Dec., the number of building permits – indicators of future housing-start numbers – rose 0.7%. …continue
Jan. Builder Confidence Dinged by Rising PricesBuilders remain extremely confident, but NAHB blamed a one point drop in its confidence index on inflation and the rising cost of raw materials. …continue
Fla.’s Nov. Sales: Single-Family Up, Prices UpORLANDO, Fla. – Florida’s housing market reported more closed sales, higher median prices, more pending sales and continuing tight inventory levels in November compared to a year ago, according to Florida Realtors® latest housing data. …continue
