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A for sale sign and a realtor sign side by side. Prices up, inventory tighter

ORLANDO, Fla. – June 22, 2015 – Tightening inventory continued to impact Florida’s housing market in May, according to the latest housing data released by Florida Realtors®. Realtors across the state reported rising median prices and fewer days on market for both existing single-family homes and for townhouse-condo properties. Closed sales of existing single-family homes statewide totaled 24,789 last month, up 7.7 percent over May 2014.
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Two people jumping in the air on a grassy hill. Fla.’s consumer confidence up 2 points

GAINESVILLE, Fla. – Nov. 26, 2014 – Consumer sentiment among Floridians hit a post-recession high of 86 in November, an increase of two points over October, according to a monthly University of Florida (UF) survey. “The last time sentiment was this high in Florida was March 2007, over 7 ½ years ago,” said Chris McCarty, director of UF’s Survey Research Center in the Bureau of Economic and Business Research, …continue

A house with balloons flying in the sky Canadian snowbirds encouraged to buy a Fla. home

MONTREAL, Canada – Oct. 14, 2014 – As Canadian snowbirds prepare to head south, the Annual Snowbird outlook from BMO Bank of Montreal is telling Canadians that “U.S. housing affordability remains healthy, and prices are expected to increase in Florida, Arizona and other popular areas.” …continue

A pink piggy bank sitting on top of some money. Lending Standards Too Tight

WASHINGTON – Oct. 9. 2014 – Tight mortgage lending standards continue to affect single-family builder sales, according to a survey released by the National Association of Home Builders (NAHB). According to “well over half of the single-family builders surveyed,” lending standards were “tight” or “very tight.” Only 11 percent indicated that standards were “somewhat easy,” and no builders described them as “very easy.” …continue

A for sale sign with palm trees and a beach. Fla. Aug. sales up 4.2% – prices up 3.4%

ORLANDO, Fla., Sept. 22, 2014 – Florida’s housing market saw higher median prices and a rising inventory in August, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 21,594 last month, up 4.2 percent over the August 2013 figure. …continue