Builder Confidence Slips in May on High RatesThe NAHB found that 25% of builders cut home prices to bolster sales in May. Overall, builder confidence posted its first decline since November 2023. …continue
Builder Confidence Slips in May on High RatesThe NAHB found that 25% of builders cut home prices to bolster sales in May. Overall, builder confidence posted its first decline since November 2023. …continue
Fla. Market: Listings, Median Price Up in March, 1QSingle-family median sales prices are up 3.9% over March 2023 and new listings increased 7.7%. The condo-townhouse median prices increased 3.1%. …continue
All-Cash Buyers Surge to Decade HighNaples and the Cape Coral-Fort Myers areas are among the top 10 metros in the United States with the highest concentration of cash buyers in 2023, the National Association of Realtors® found. …continue
Pending Home Sales Receded 4.9% in JanuaryNAR: Pending sales were down 8.8% year-over-year. Chief Economist Yun noted that “consumers are showing extra sensitivity to changes in mortgage rates.” …continue
Fla.’s Jan. Housing: Median Prices, New Listings UpFlorida Realtors: Fla.’s single-family median price up 3.8% ($405K), condo median up 3.2% ($320K). New listings and inventory levels up in both property categories. …continue