NAR: Pending home sales slip in June (7/28/2014)
While the index remains positive – anything above 100 – June’s 102.7 is a 1.1% decline compared to May and 7.3% in a year-to-year comparison.
New home sales drop in June (7/24/2014)
Commerce Department: Sales fell 8.1% last month. New home sales stumbled over the past year thanks to rising prices, higher mortgage rates and low wage growth.
Fla.’s housing market: More sales, rising prices in June 2014 (7/22/2014)
Fla. single-family sales up 14.6% year-to-year, condos up 3.1%, and median prices up for 31st month in a row. NAR: U.S. sales at highest pace since Oct. 2013.
NAR: Existing-home sales up in June, unsold inventory shows progress (7/22/2014)
Why did housing starts drop only in the South? (7/21/2014)
June housing starts went up in every region but the South, where they dropped 30%. Analysts now wonder if that’s temporary due to rain or an actual slowdown.
U.S. home construction drops 9.3% in June (7/17/2014)
However, the drop comes from a single section of the country, the South, where construction fell 29.6%. All other areas of the U.S. saw an increase.
Pending home sales surge in May (6/30/2014)
The number of homes under contract rose 6.1%. It’s the largest month-over-month gain since April 2010 when a first-time homebuyer credit expired.
RealtyTrac: Home prices up 13% due to high-end sales (6/24/2014)
In May, Fla. again led nation in short sales. Top deal: Homes built between 1950 and 1990 sold at a 29% discount if in negative equity with an auction scheduled.
Florida Realtors May sales report finds stability (6/23/2014)
Higher prices, more listings and a 3.6% single-family sales increase suggest market balance. NAR reports nation’s highest monthly sales increase in three years.
NAR: Month-to-month sales increase highest in almost three years (6/23/2014)
Homeownership rate falls to mid-1990s level (6/18/2014)
Census Bureau: Share of Americans who own their home settled at about 64.8% in the first three months of 2014 – down from 65.2% in the fourth quarter of 2013.
Study: Home warranties increase home sale prices (6/13/2014)
The new report found homes covered by a protection plan sell faster and for a higher sales price - about $2,300 more - than those without such warranties.
After bubble and rebound, market seems stabilizing (6/6/2014)
Judging by inventory, time on market, investor interest and single-family sales, realtor.com April report suggests U.S. real estate is returning to “normal.”
20% of U.S. counties’ home prices at all-time high (6/5/2014)
RealtyTrac: One Fla. county, Sumter, is close to a full rebound; but the numbers can be deceiving since peak values were higher in Fla. than in other states.
Price appreciation, short sales, foreclosures drop (5/29/2014)
RealtyTrac: Sales grew 4% year-to-year in April but declined 1% over March and 2% year-to-year in Fla. Prices, however, rose 4% in one month and 11% in a year.
Pending home sales edge up in April (5/29/2014)
NAR: Pending sales improved for the second time in a month-to-month comparison, though they dropped 9.2% year-to-year. NAR predicts stronger sales soon.
U.S. home prices rise at slower rate in March (5/27/2014)
S&P’s/Case-Shiller: The home price index rose 12.4% in March compared year-to-year. While healthy, however, that’s a drop when compared to Jan. and Feb.
Fla.’s housing market: Prices, listings rise in April (5/22/2014)
Single-family median price up 6.1% year-over-year, condo price up 9.8%; single-family sales up 4.1%, new listings up 9.2%. NAR: Market shows improvement.
NAR: April existing-home sales show modest improvement, inventory gains (5/22/2014)
CoreLogic Case-Shiller find 11.3% home price rise (5/13/2014)
The year-to-year increase in Fla. cities ranged from 29.6% in Miami to 13.5% in Jacksonville. Highest forecast for 2014 is Tampa: an 18.3% increase.
Fla.’s housing market shows strength in 1Q 2014 (5/12/2014)
Single-family home median prices up 9.1% year-over-year, condo prices up 16.9%; single-family sales up 2.3%. NAR: Home-price growth slows in many metros.
NAR: Home-price growth slows in many metro areas in 1Q (5/12/2014)
Cash sales up – distressed sales and investors down (5/9/2014)
NAR: In 2012, more than half of all Fla. homes were purchased with cash, even as some investors backed out of the market and distressed sales dropped by 10%.
Survey: More owners think it’s a good time to sell (5/8/2014)
Fannie Mae report: 42% of respondents think it’s a good time to sell a home – the third monthly increase in a row – and 69% believe it’s a good time to buy.
RealtyTrac: All-cash sales reach new high in 1Q (5/7/2014)
The upswing didn’t come from investment, though – the number of investors fell to a two-year low. Five Fla. cities lead the nation in percent of all-cash sales.
RealtyTrac: Home flipping down to 3.7% of all sales (5/1/2014)
Flipping – a purchase and resale in less than six months – dropped in the first quarter of 2014 from 4.1% the previous quarter and from 6.5% one year ago.
NAR: Pending home sales increase in March (4/28/2014)
It’s the first upward bump in nine months and a sign that analysts may have been right: Severe winter weather caused the recent housing market slowdown.
New home sales down in March (4/23/2014)
HUD and Census: Sales of newly built, single-family homes fell 14.5% – its biggest drop in eight months. Builders blame tight credit standards.
NAR: Existing-home sales remain soft in March (4/22/2014)
Fla.’s housing market shows rising prices in March (4/22/2014)
Single-family home median prices up 7.1% year-over-year, condo prices up 16.7%; single-family sales up 2.8%. NAR: Sales remain soft in March, prices up.
Vacation home sales up in 2013, investment property declines (4/2/2014)
NAR: Vacation home sales rose and made up 13% of all 2013 transactions; investment homes, while down, made up 20%; and owner-occupant homes were up to 13.1%.
NAR: Feb. pending home sales continue slide (3/27/2014)
It’s not bad news: “The market appears to be stabilizing,” says NAR chief economist. Winter weather had some impact, and the number of home shoppers has risen.
Realtors in Fla. expect prices to rise more than 5% (3/24/2014)
Fla. is one of only four states predicting increases greater than 5-7%; Realtors in 17 states expect less than 3%, while the rest anticipate 3% to 5%.
Fla.’s housing market shows rising prices in Feb. (3/20/2014)
Single-family home median prices up 10% year-over-year, condo prices up 15.2%; single-family sales up 1.5%. NAR: Feb. sales subdued but strong price growth.
NAR: Feb. existing-home sales remain subdued (3/20/2014)
Homebuying experience improving for Hispanics (3/5/2014)
TD Bank’s Mortgage Service Index survey: 68% of Hispanics this year ranked their homebuying experience as excellent or very good, compared to 62% last year.
Kiplinger predicts more modest housing gains (3/5/2014)
This year’s average home value appreciation is expected to be 4% to 4.5%, rather than 2013’s 11% surge thanks to rising mortgage rates and fewer investors.
U.S. home prices rose at solid pace in January (3/4/2014)
CoreLogic: Over past 12 months, home prices have risen 12%, the biggest year-over-year gain in over eight years. Tight supply may have helped boost prices.
NAR: Pending home sales steady in Jan. (2/28/2014)
The index of homes under contract but not closed rose to 95.0 from Dec.’s 94.9. NAR’s chief economist blames lackluster results on the weather and low inventory.
Fla. cities tops in nation for home price increases (2/26/2014)
Black Knight Financial Services: The rebound is slowing in many U.S. cities as they approach 13.9% of peak 2006 values; but Fla. home prices continue to go up.
Two price indexes agree: Prices went up in 2013 (2/25/2014)
However, the rate of those increases is slowing. FHFA: 7.7% 4Q rise year-to-year. S&P/Case-Shiller: 11.3% year-to-year.
Fla.’s housing market continues positive trends in Jan. 2014 (2/21/2014)
Single-family sales up 10.2%, condo sales up 9.3% year-over-year; single-family median prices up 12.1%, condo prices up 17%. NAR: Jan. sales down but prices up.
NAR: Existing-home sales drop in Jan. but prices continue to rise (2/21/2014)
Realtor.com: Jan. 2014 data points to homebuying season early start (2/20/2014)
Realtor.com: Data shows uptick in inventory (3.1% year-over-year) in Jan. 2014, one month earlier than last year. Median list price up 8.3% year-over-year.
New home purchases up sharply in Jan. 2014 (2/14/2014)
Mortgage bankers say new home sales skyrocketed, rising 35% month-to-month. Sales rose so much that MBA went out of its way to assure readers it was correct.
Fla.’s housing market gained momentum, strength in 2013 (2/11/2014)
Single-family sales up 11.8%, condo sales up 5.1% and single-family median price up 15.9% year-to-year. NAR: Solid price growth in most markets.
NAR: Metro areas see solid home-price growth in 4Q 2013 (2/11/2014)
NAR: Metro areas see solid home-price growth in 4Q 2013
Clear Capital says there’s no housing bubble (2/4/2014)
In fact, their data index suggests home prices won’t return to their all-time, housing-boom highs until at least 2021 if all things remain the same.
NAR: Dec. pending home sales down 8.7% (1/30/2014)
Higher home prices and interest rates caused many buyers to pause, but an unusually severe winter also impacted Dec.’s number of new contracts.
U.S. home flipping up 16% in 2013 (1/30/2014)
Average gross profit: more than $62,000. Jacksonville saw a 92% year-to-year flipping increase, while Tampa saw one of the biggest declines – a 17% drop.