Fla.’s housing market: Median prices up in AprilORLANDO, Fla. – May 24, 2017 – Rising median prices and constrained inventory remained a prevailing trend in Florida’s housing market in April, according to the latest housing data released by Florida Realtors®. The trend resulted in a loss of momentum for home sales: Sales of single-family homes statewide totaled 23,829 last month, easing slightly (-1.2 percent) when compared to April 2016. …continue
Directional change: Homes more affordable in 1QWASHINGTON – May 11, 2017 – Rising wages and moderating home prices offset a rise in mortgage interest rates to give housing affordability a slight boost in the first quarter of 2017, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). …continue
Fla. home sales up 9.3% year-to-year in MarchORLANDO, Fla. – April 21, 2017 – Florida’s housing market reported more closed sales, higher median prices and increased pending sales in March, according to the latest housing data released by Florida Realtors. Sales of single-family homes statewide totaled 25,921 last month, up 9.3 percent compared to March 2016. …continue
Foreclosures drop below ‘normal’ pre-recession levelsIRVINE, Calif. – April 13, 2017 – ATTOM Data Solutions’ March 2017 U.S. Foreclosure Market Report finds that U.S. foreclosure activity was below pre-recession levels in 102 out of the 216 metropolitan statistical areas (47 percent) analyzed in the report.
…continue
The risk of home prices going down? ‘Ultra-low’GREENSBORO, N.C. – April 4, 2017 – What are the chances home prices will decline as they did during the recession? Almost none.
The likelihood of home price declines across the United States over the next two years is unusually low – only 4 percent, according to the latest Arch MI Risk Index statistical model for Spring 2017. …continue
