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A house made of money with an arrow pointing up. NAR: Aug. Pending Sales Top Pre-Pandemic Levels

WASHINGTON – August pending home sales continued to move upward, marking four uninterrupted months of positive contract activity, according to the National Association of Realtors® (NAR). Each of the four major U.S. regions included in the report had both month-over-month and year-over-year increases in pending home sales transactions.
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Pink stucco home with palms and manicured lawn Fla.’s Housing Market: Sales and Median Prices Rose in August

ORLANDO, Fla. – Florida’s housing market reported more closed sales, more new pending sales, higher median prices and more new listings in August compared to a year ago despite the ongoing pandemic, according to Florida Realtors® latest housing data. Single-family existing homes sales rose 8.8% compared to August 2019. …continue

Sunlit house with palm trees and lawn 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

Fla.’s Single-Family For-Sale Inventory Hits Record Low in 2Q

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

Sunlit house with palm trees and lawn RE Recovery Index: 2 Fla. Cities Beating Pre-Pandemic Levels

The 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