WASHINGTON – May 26, 2016 – Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to the National Association of Realtors® (NAR).

All major regions saw gains in contract activity last month except for the Midwest, which saw a meager decline. …continue →

GREENWICH, Conn. – May 11, 2016 – Chief Executive magazine released its annual Best & Worst States for Business survey and CEOs again rated Texas as the No. 1 state in which to do business – abut No. 2-ranked Florida continued to steadily edge up in qualitative measures.

Florida “has aggressively moved ahead on key issues, like rebuilding ports, without waiting on federal support,” the report says.
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LAKELAND, Fla. – May 6, 2016 – While Memphis, Tenn., had the highest share of flipped properties (number of flipped home sales as a percentage of all home sales) in first quarter 2016 followed by Fresno, Calif., Lakeland-Winter Haven, Fla., came in third, according to CoreLogic data on the 86 largest U.S. metro areas.
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IRVINE, Calif. – April 12, 2016 – CoreLogic’s February 2016 National Foreclosure Report finds a 37.6 percent drop in Florida’s foreclosure inventory in just one year. Of 21 U.S. states that foreclose through the court system, the Fla. inventory decline outpaced second-place New Jersey’s by 12 percent.

Nationally, the foreclosure inventory declined by 23.9 percent when counting both judicial and non-judicial states, and completed foreclosures dropped 10 percent year-to-year. …continue →

WASHINGTON – April 7, 2016 – Vacation home sales cooled in 2015 but remained at the second highest amount in nearly a decade, and investment purchases increased for the first time in five years, according to an annual survey of residential home buyers released by the National Association of Realtors® (NAR).

The median sales price of both vacation and investment homes surged in 2015. …continue →