Shrinking inventory may raise prices again (1/28/2015)
It’s supply-and-demand: If U.S. home inventory drops and the number of buyers increases, prices could rise. In Fla., listings declined 2% from Nov. to Dec.
New home sales jump 11.6% in Dec. (1/27/2015)
While the surge wasn’t enough to make the entire year stellar, it suggests a new-home rebound in 2015 based on job increases and low mortgage rates.
Existing-home sales rebound in Dec., 2014 total sales down 3% (1/23/2015)
Fla. real estate sales, listing, prices up in 2014 (1/23/2015)
“In Dec. and throughout 2014, we’ve seen positive signs that Fla.’s housing sector is on a steady, sustainable path,” says Florida Realtors Pres. Andrew Barbar.
Forecast: 2015 Fla. economy, housing market strong (1/22/2015)
Florida Realtors Summit: Economist says last year’s Wall Street Journal headline may be correct: “Has Florida found the secret to saving the economy?”
U.S. home construction up 4.4% in Dec. (1/21/2015)
New-home construction rebounded in Dec., helping push activity for the entire year to its highest level since the peak of the housing boom nine years ago.
When pricing homes, what’s solar energy worth? (1/16/2015)
One home has a rooftop photovoltaic energy system; an identical home does not. What’s the selling price difference? Largest study ever says it’s about $15,000.
U.S. home prices coast upward in Nov. (1/6/2015)
CoreLogic: Prices increased 5.5% in Nov. year-to-year and 0.1% month-to-month. CoreLogic’s prediction for 2015: An average U.S. price increase of 4.6%.
NAR: Pending home sales slow in Oct., but up over last year (11/26/2014)
Pending home sales dipped slightly (1.1%) from Sept.’s numbers, but are 2.2% higher than the year-to-year comparison in Oct. 2013.
NAR: Existing-home sales rise in October (11/20/2014)
NAR: Existing-home sales rise in October
Fla.’s housing market: Rising sales, prices in Oct. 2014 (11/20/2014)
Home sales up 17.8% year-to-year, condos up 7.4%. Median sales prices up 35 months in a row. NAR: Home sales rise, first year-over-year gain since Oct. 2013.
Fla.’s housing market continues steady course in 3Q 2014 (11/6/2014)
Existing home median sales price up 4% year-to-year and condo median price up 6.9%. Home sales rose 7.6%. NAR: Home price gains hold steady in most metros.
Fla. leads nation in all-cash sales – over 50% in 3Q (11/6/2014)
RealtyTrac: In a look at metro areas, Fla. has all five top spots and eight of the 10 top spots – and four metros are tops for institutional investor cash sales.
NAR: 3Q home-price gains hold steady in most metros (11/6/2014)
NAR: Pending sales up for first time in 2014 (10/27/2014)
In Oct., pending home sales rose marginally (0.3%) above Sept. pending sales, but they’re 1% higher in the year-to-year comparison to Sept. 2013.
Fla.’s housing market: More sales, rising prices in Sept. (10/21/2014)
Home sales rose 13.5% year-to-year and condos 9.8%. Statewide, prices have now risen 34 months in a row. NAR: Home sales back to highest annual pace of year.
NAR: Existing-home sales rebound in Sept. (10/21/2014)
NAR: Existing-home sales rebound in Sept.
Buyers grow resistant to higher home prices (10/7/2014)
Some potential buyers may be taking a wait-and-see attitude. They’ve seen home prices rise dramatically higher, and they’re wondering if they’ll drop again.
NAR: Pending home sales fall slightly in Aug. (9/29/2014)
While pending sales slowed modestly, Aug. contract signings were at their second-highest level over the past 12 months, says NAR.
NAR: Existing home sales lose a bit of momentum in Aug. (9/22/2014)
Fla. Aug. sales up 4.2% year-to-year, prices up 3.4% (9/22/2014)
A market transition from cash investors to primary buyers seems to be on track. Florida Realtors reports higher sales and prices, but U.S. sales slip, says NAR.
NAR: Pending home sales pick up in July (8/28/2014)
The report on pending sales – U.S. homes under contract but not yet closed – has gone up for the past four months, rising 3.3% month-to-month in July.
Fla.’s housing market: Prices, inventory up in July 2014 (8/21/2014)
Rising prices, increased inventory and a 5% single-family sales increase suggest stability, says Chief Economist Tuccillo, but slowing condo sales bear watching.
NAR: Home sales hit highest level in almost a year (8/21/2014)
U.S. home sales were up in July for the fourth straight month: 2.4% higher than June, though down 4.3% year-to-year. Distressed sales dropped below 10%.
Fla. all-cash sales drop along with U.S. numbers (8/19/2014)
RealtyTrac: 57.9% of Fla. sales in 2Q were all cash, a year-to-year decline of 1.7% from 59.6%. The number of investors also dropped to 6.5% from 7.3%.
Fla.’s housing market continues steady course in 2Q 2014 (8/12/2014)
Median prices rose for both single-family existing homes (up 5.3%) and townhouse-condo units (up 10.1%) compared to a year ago. Single-family sales up 7.3%.
NAR 2Q report: Home price rise slows (8/12/2014)
Year-over-year U.S. price appreciation down from “unsustainable levels given the current pace of inflation and wage growth”; 71% of markets saw price increases.
NAHB: $1,000 price increase blocks 200K from buying (8/5/2014)
The study found that each $1,000 increase in the cost of a new Fla. median-price home nixes 8,296 prospective buyers from ownership, though results vary by metro.
Could builder problems cause drop in new home sales? (7/30/2014)
Thanks to a recession-caused labor shortage, many new homebuyers claim “builder tardiness” has delayed closings and slowed post-purchase repairs.