U.S. new-home sales rebound in Oct. after Sept. plummet (11/25/2015)
Commerce Dept.: After a drop in Sept., sales are now up 10.7% to a seasonally adjusted rate of 495,000 in Oct., indicating a return to stability in the market.
U.S. home prices jump in Sept. by most in more than a year (11/24/2015)
Standard & Poor’s/Case-Shiller index increased 5.5% over a year ago, the biggest annual gain in 13 months, due to buyer demand and a lack of homes for sale.
NAR: Existing-home sales dial back in October (11/23/2015)
Fla.’s housing market: Rising median prices in Oct. (11/23/2015)
Florida Realtors: Single-family median price up 12.4% year-to-year, sales up 1.2%. Condo price up 7.2%. NAR: U.S. sales down from Sept. but up 3.9% from year ago.
Home construction slumps in October (11/18/2015)
Housing starts fell 11% last month to a seasonally adjusted pace of 1.06M homes, mainly due to a drop in multifamily units. Still, building permits rose 4.1%.
NAR: Home prices sustain steady growth in most metro areas in 3Q (11/12/2015)
Fla.’s housing market: Sales, prices up in 3Q (11/12/2015)
Florida Realtors: Single-family sales up 14.7% year-to-year, median price up 9.8%. Condo sales up 8.9%, price up 7.9%. NAR: Best quarter in nearly a decade.
Fla.’s Realtors predict price increases will top 5% (11/5/2015)
In NAR’s latest confidence index, only Fla. Realtors predict that prices will increase over 5% in the next year – and only three other states expect to top 4%.
Fla. No. 2 for home flipping (10/29/2015)
RealtyTrac: In a county-by-county comparison, Fla. holds the top five spots for home flips to baby boomer buyers – and Southwest Fla. leads the nation.
Pending home sales lose more steam in Sept. (10/29/2015)
The U.S. pending home sales index dropped for the second month in a row– but in year-to-year comparisons, pending sales have increased for 13 straight months.
Fla.’s single-family home sales up 13.4% in Sept. (10/22/2015)
Florida Realtors Sept. report: More closed sales, higher median prices and a tight supply. U.S. sales rebound, up 4.7% over Aug. and 8.8% year-to-year.
NAR: Existing-home sales regain momentum in Sept. (10/22/2015)
NAR: Existing-home sales regain momentum in Sept.
Realtors say Fla. home prices to rise 5-6% next year (10/9/2015)
NAR’s monthly survey of Realtor attitudes finds Fla. the only state where members predict a 5-6% home values rise next year. Overall national expectation: 3.5%.
Pending home sales retreat a bit in Aug. (9/28/2015)
NAR’s analysis of homes under contract finds that the Aug. number has gone up for 12 months year-over-year, but it dropped 1.4% month-to-month.
Fla.’s housing market shows strong momentum in August 2015 (9/21/2015)
Florida Realtors Aug. report found more closed sales, higher median prices and a tight supply. U.S. sales dipped compared to July, but rose 6.2% year-over-year.
NAR: Existing-home sales stall in August, prices moderate (9/21/2015)
It’s official: The best day to close is Oct. 8 (9/10/2015)
RealtyTrac determined dates for the top purchase discounts. Oct. buyers save 2.6% but April buyers pay 1.2% more. In some Fla. cities, Jan. offers best discounts.
Why is the new-home market is still lagging? (9/10/2015)
Housing analysts blame sluggish entry-level demand, higher land and labor costs, tight mortgage credit and lower builder profit compared to higher-end homes.
Homebuyers to make comeback in next decade (8/27/2015)
A new MBA report estimates that as many as 1.3M additional owner households will be created each year – substantial growth from the Great Recession years.
NAR: Pending home sales inch forward in July (8/27/2015)
Up slightly from June, the Pending Home Sales Index rose 7.4% over the July 2014 level. It has increased year-over-year for 11 months in a row.
NAR: Total existing home sales up 2% despite stubbornly low inventory (8/20/2015)
Fla.’s single-family home sales rose 21.8% in July (8/20/2015)
Florida Realtors July housing report found higher median prices, more pending sales and a tight inventory. Nationally, sales rose 2% despite fewer for-sale homes.
NAR: Home prices rise in nearly all metro areas in 2Q (8/11/2015)
Fla.’s housing market: Sales, prices up in 2Q 2015 (8/11/2015)
Florida Realtors: Single-family sales up 15% year-to-year, median price up 11.1%. Condo sales up 7.3%, price up 9.2%. NAR: Nearly all metros show price gains.
Homeownership rate drops but probably hit bottom (8/3/2015)
The homeownership rate dropped to a 35-year low in the second quarter, but experts say it’s the final symptom of the recession – and it should change soon.
Construction spending rose 0.1 percent in June (8/3/2015)
The lower-than-expected increase still had a residential construction increase, but was offset by a drop in non-residential construction.
Pending home sales dip in June (7/29/2015)
More homes would have sold had there been more homes to sell. NAR’s pending sales index dropped 1.8% month-to-month, but it’s up 8.2% year-to-year.
RealtyTrac: June cash sales down, FHA loans up (7/23/2015)
Overall, the U.S. is a real estate market in transition as investors back off purchases and owner-occupants step up.
NAR: Existing-home sales rise in June, prices surpass 2006 (7/22/2015)
Existing-home sales increased in June to their highest pace in over eight years.
Fla.’s housing market: More closed sales, rising prices in June 2015 (7/22/2015)
Florida Realtors: Single-family sales up 19.6% year-to-year as prices rose 10%. NAR says U.S. median sales prices are at an all-time high with sales up 9.8%.
RealtyTrac: Rental returns down in 59% of U.S. counties (7/9/2015)
Counties in Jacksonville had year-over-year increase in potential rental returns; analysis found buying a home is more affordable than renting in 66% of U.S. counties.
More homeowners warm up to idea of selling (7/9/2015)
Fannie Mae survey: Thanks to job and income growth, more Americans (52%) think it’s a good time to sell a home, which could ease tight inventory conditions.
U.S. home prices still going up – but not as fast (6/30/2015)
S&P/Case-Shiller found a 4.6% year-to-year price increase in April – a bit less than the March rate. But not all cities fared the same; Miami had a 7.5% increase.
NAR: May’s pending home sales hit nine-year high (6/29/2015)
NAR’s chief economist says it’s “encouraging to now see a broad-based recovery with all four major regions showing solid gains from a year ago.”
NAR: Existing-home sales bounce back strongly in May (6/22/2015)
Fla.’s housing market: Prices up, inventory tighter (6/22/2015)
Florida Realtors May report: Single-family sales up 7.7% year-to-year, price up 11.1%; condo price up 9.7%. U.S. single-family sales up 9.7% year-to-year.
Builder confidence hits yearly high in June (6/15/2015)
Buyers are excited about new homes again, according to this month’s builders survey that finds an uptick in “serious and committed buyers at their job sites.”
Delaying homeownership could be costly decision (6/4/2015)
Wealth effect: Over 30 years, an average homebuyer would accumulate about $217,726 in today’s dollars relating to the purchase, a Realtor.com analysis found.
CoreLogic: Home prices move higher in April (6/2/2015)
Tight housing inventory coupled with buyer demand led to a 2.7% month-to-month increase in home prices; year-to-year, prices rose 6.8% – in Fla., 9%.
NAR: Pending home sales at highest level since 2006 (5/28/2015)
April pending sales rose 14% year-to-year – the biggest single-month increase in almost three years – as buyers made offers on a limited number of for-sale homes.