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.
Sales of U.S. new homes fall in July (8/25/2014)
However, Commerce Dept. adjusted June sales 4% higher than first reported, and the major drop (30.8%) occurred in the Northeast; in the South, sales rose 8.1%.
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.
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%.
U.S. home construction surges 15.7% in July (8/19/2014)
The increase surpassed economists’ expectations and was the fastest pace in eight months. Building permits, a sign of future activity, rose 8.1%.
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%.
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.
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%.
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.
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.