Post-disaster, families rebuild bigger, better (1/10/2017)
While a disaster such as a hurricane can decimate real estate values in the short term, the reconstruction process tends to lift values higher over the long term.
NAR: Pending home sales a tiny bit higher in Oct. (11/30/2016)
Oct. saw a meager gain in the number of homes under contract but not yet sold despite a limited number of listings and a steady increase in prices.
NAR: Existing-home sales jump again in Oct. (11/22/2016)
Fla.’s housing market: Median prices continue to rise in Oct. 2016 (11/22/2016)
The state’s single-family home median price rose 11.7% over Oct. 2015; condo median price up 8.1%. NAR: Total U.S. home sales in Oct. up 5.9% year-to-year.
Fla.’s housing market: Median prices higher in 3Q (11/3/2016)
Median Fla. sales prices up 12.5% for single-family homes and 6.7% for condos year-to-year as distressed property sales continue to drop. NAR: Continued listing shortages boosted price growth in 3Q; U.S. single-family home median up 5.2% over 3Q 2015.
NAR: Housing supply crunch accelerates metro home price growth in 3Q (11/3/2016)
NAR: Pending home sales up in Sept. (10/27/2016)
Despite a tight inventory of for-sale homes for sale, 1.5% more buyers signed contracts in Sept. The contract-signing rate has increased in 22 out of the past 25 months.
NAR: First-time buyers steer existing-home sales higher in Sept. (10/20/2016)
Fla.’s housing market: Median prices rise in Sept. (10/20/2016)
Year-to-year, median Fla. sales prices rose 11.3% for single-family homes and 6.7% for condos – the 58th month-in-a-row for higher median prices. NAR: Total U.S. home sales rose 3.2% month-to-month and first-time buyer percentages hit a 4-year high.
CoreLogic: Fla. ranks third for all-cash sales (10/3/2016)
Cash sales accounted for 40.6% of Florida home sales in June, according to CoreLogic, ranking the state No. 3 nationwide after New York and Alabama.
Pending sales down in Aug. as inventory shrinks (9/29/2016)
NAR: Low supply has “taken the wind out” of housing market momentum, and more buyers are wavering at steeper home prices or disheartened by the competition.
Fla.’s housing sales, median prices rise in August (9/22/2016)
Single-family sales up 8.2% year-to-year, median price ($225,000) up 12.6%. Condo sales up 3.3%, median price up 6.7%. NAR: Tight inventory, rising prices impacted total U.S. home sales in Aug.: Down 0.9% from July, up 0.8% year-to-year.
NAR: Tight inventory slows August existing-home sales (9/22/2016)
How hurricanes affect the home market (9/12/2016)
Prepping for hurricane season involves processes before, during and after a storm reaches land. Assess insurance coverage before a hurricane hits, for example.
Home Purchase Sentiment Index retreats slightly, but gradual upward trend continues (9/7/2016)
Fannie Mae’s index fell 1.5 points in Aug., but is up 4.2 points from a year ago. But consumers’ continue to demonstrate a positive 12-month housing outlook.
NAR: Pending home sales tick higher in July (8/31/2016)
The Pending index hit its second-highest reading in almost a decade, but with too-few listings, “buyers still have few choices and little time” to act.
Fla.’s housing market: Higher median prices in July (8/24/2016)
The median single-family home price ($223,238) rose 11.6% year-to-year and condo prices rose 6.8%. NAR: Challenged by low supply, July U.S. home sales lost momentum and declined 1.6% year-over-year – the first drop since Nov. 2015.
NAR: Existing-home sales lose steam in July (8/24/2016)
NAR: Home-price gains unfettered in most metros during 2Q (8/10/2016)
Fla. housing’s median prices, new listings up in 2Q (8/10/2016)
Single-family home median price up 10% year-to-year; condo median price up 5.2%; new listings rise in both sectors. NAR: Median prices show gains in most metros in 2Q - national single-family home median price up 4.9%.
NAHB: Demand strong in the 55+ market (8/5/2016)
AHB chief economist: “Much like the overall housing market, this quarter’s 55+ HMI results show that this segment continues its gradual, steady recovery.”
NAR: Pending home sales marginally rise in June (7/27/2016)
NAR: Index inched 0.2% higher to 111.0 in June – 1% more than a year ago. Supply and affordability constraints hampered activity despite very low mortgage rates.
U.S. home prices rise at steady pace as sales heat up (7/26/2016)
Case-Shiller: In May, the 20-city home price index rose 5.2% year-to-year due to rising sales and a dwindling supply. The index is just 8.8% below its 2006 peak.
NAR: Existing-home sales up again in June, first-time buyers provide spark (7/21/2016)
Fla.’s housing market: Rising median prices in June (7/21/2016)
Single-family home median price of $225,000 is up 10.8% year-to-year; condo median price up 8.6%. NAR: Sparked by more first-time buyers, U.S. home sales up 3% over June 2015 and 1.1% over May’s sales.
What moms want in a house (7/18/2016)
Years ago, it was square footage and a yard; now, families’ wish lists include open floor plans, garage access, built-in storage, a ‘mud room’ and an office nook.