Home prices rise, but at a nice, ‘boring’ pace (10/29/2014)
S&P/Case-Shiller: Home price rises are close to a long-term sustainable pace. The slowdown should convince more owners to sell and keep homes affordable.
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.
Housing is missing 700K in sales (10/24/2014)
Looking at historical market averages, both new-home and existing-home sales down, but new-home sales had biggest loss: Down 77% from 2005 peak to 2011 low.
NAR: Existing-home sales rebound in Sept. (10/21/2014)
NAR: Existing-home sales rebound in Sept.
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.
New home construction moves 6.3% higher in Sept. (10/17/2014)
A lot of the increase comes from an uptick in apartment construction, which varies wildly month-to-month, but single-family home starts rose 1.1%.
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.
Slower growth for U.S. home prices in Aug. (10/7/2014)
CoreLogic: Sales struck a plateau in mid-2013 and have been subdued this year. As sales have slowed, so have price gains, which were up 6.4% year-to-year in Aug.
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.
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.’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.
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.
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.
NAR: Existing-home sales up in June, unsold inventory shows progress (7/22/2014)
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.
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.
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.