U.S. home building up in March after frigid winter (4/16/2014)
Single-family home construction rose 6%, more than offsetting a 3.1% drop in multifamily construction. Building permit applications were down slightly.
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%.
U.S. home prices rose in Feb. despite weaker sales (4/1/2014)
CoreLogic: Feb. prices almost 1% higher month-to-month based partially on a limited number of listings. Nationwide, home prices are only 16.9% below 2006 peak.
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.
New home sales fell 3.3% in Feb. (3/25/2014)
A snowy Northeast took the biggest hit along with the West where homes are now less affordable. Many experts predict a spring rebound.
S&P: Home prices dip for 3rd straight month (3/25/2014)
S&P/Case-Shiller 20-city home price index: In Jan., prices declined 0.1% from Dec. – the same amount as the previous two months – with winter weather blamed.
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)
Feb. home construction fell for third month (3/18/2014)
However applications for building permits – a sign of future construction – rose to its highest level in four months. Winter weather was blamed for slowdown.
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.
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.
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.
NAR: Existing-home sales drop in Jan. but prices continue to rise (2/21/2014)
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.
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.
Builders hike their prices (1/23/2014)
24% of builders raised their prices in Dec., and only 8% cut prices. New-home price increases have slowed, however, since early 2013.
Fla. home sale prices up 11.4% year-to-year in Dec. (1/23/2014)
Single-family sales up 8.6% compared to Dec. 2012 as market saw 23.3% increase in traditional single-family deals. NAR: Prices, sales strongest in 7 years.
NAR: In 2013, U.S. prices hit ‘06 levels with sales up 9.1% – strongest in 7 years (1/23/2014)
Fla.’s housing market reflects changing conditions in Nov. 2013 (12/19/2013)
Median price up (13.3%, single-family; 17.2%, condos), but drop in cash-only and short sales impacts closed sales. National overall median price up 9.4%.
NAR: Existing-home sales decline in Nov., but strong price gains continue (12/19/2013)
Pending sales slip in Oct., expected to level out (11/25/2013)
NAR economist: The weaker activity was expected due to the government shutdown and some lending restrictions. The pending sales index is 1.6% below Oct. 2012.
NAR: Oct. existing-home sales cool but low inventory drives prices (11/20/2013)
Fla.’s housing market continues on positive track in Oct. (11/20/2013)
Closed sales (6.5%), median price (16.6%) and pending sales (3.4%) rose for single-family homes. National total sales up 6% year to year – price up 12.8%.
Multifamily market off peak but still positive (11/20/2013)
Outlook for apartments remains strong. NAHB economist predicts “continued improvement through 2015 but at a decreasing rate.”
Homebuilder confidence holds steady in Nov. (11/19/2013)
U.S. builders have viewed the market with optimism for six months in a row, though some worry about the way future government actions could affect buyers.
U.S. homes sell 30 days faster year-to-year (11/14/2013)
Zillow says real estate ads on its website were active 30 days less in Sept. 2013 than in Sept. 2012 – 86 days compared to 116 days.
NAR forecast: Price gains to drive housing growth (11/12/2013)
Economist: For total sales to rise, U.S. needs to step up home construction to boost inventory, but tight underwriting and higher interest rates also don’t help.
NAR: Most metro areas show strong annual home-price growth (11/6/2013)
Fla.’s housing market continues upswing in 3Q 2013 (11/6/2013)
Closed sales (17.3%), median price (18.6%) rose for single-family homes; condo sales up (11.3%), price (23.8%). National single-family median price up 12.5%.
Pending home sales continue slide in Sept. (10/28/2013)
It’s the first time in 29 months that pending sales fell below a year-to-year comparison. NAR economist blames higher interest rates and home prices.
Investors bought 14% of U.S. homes in Sept. (10/24/2013)
RealtyTrac: 62% of Jacksonville sales were all-cash with high number (23%) bought by investors. Miami (69%) and Tampa (62%) also top-heavy on cash transactions.