Builder Confidence Surges in June – Housing Rebound UnderwayWASHINGTON – Builder confidence in the market for newly-built single-family homes jumped 21 points to 58 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI). …continue
U.S. Housing Supply Reaches All-Time LowSANTA CLARA, Calif. – National housing inventory declined 13.6% in January – the steepest year-over-year decrease in more than 4 years – pushing the supply of for-sale homes in the U.S. to the lowest level ever since realtor.com began tracking the data in 2012. …continue
Analysis: It’s Easier for Buyers to Find a Home in Fla.ORLANDO, Fla. – The inventory of for-sale homes has hit a record low, but many Florida metros aren’t suffering as much as other areas of the U.S. When mortgage rates dropped in late 2019, some buyers scrambled to secure a home before rates rose again, sending an already tight inventory into an evener tighter inventory, according to a realtor.com analysis. …continue
Real Estate Directly Responsible for 16% of Fla.’s EconomyTALLAHASSEE, Fla. – Myth: In Florida’s economy, citrus is second only to tourism.
Fact: Real estate sales and leasing are far-and-away Florida’s No. 1 industry.
Real estate is 16% of Florida’s economy ($173 billion per year), …continue
Florida Realtors: Single-Family Sales Up 23.8% in DecemberORLANDO, Fla. – The holiday season was a time of good cheer for Florida’s housing market, with more closed sales, higher median prices and increased pending sales, plus more pending inventory in December 2019 compared to a year ago, according to the latest housing data released by Florida Realtors®. …continue
