In September, single family and condo/townhome closed sales increased year-over-year – and at a higher level than in previous months. Cash sales accounted for about 40% of single-family sales and 65% of condo/townhome sales. Investors and foreign buyers are still very active in the townhome/condo markets. Access local stats at http://www.floridarealtors.org/Research/
Look into 2014 with Florida Realtors® Real Estate and Economic Summit. Download the speaker presentations and watch the recorded webinar to learn about the upcoming year and share this information with your clients.
ORLANDO, Fla. – May 16, 2014 -- While new home construction has picked up again in Florida as of late, not all areas of the state have been impacted equally. To illustrate this fact, we have developed an interactive graphic using annual county-level building permit data compiled by the U.S. Bureau of the Census. Because multifamily buildings contain multiple housing units, the graphic displays the total number of housing units permitted rather than the total number of residential buildings permitted.
ORLANDO, Fla. – Jan. 14, 2014 – The Bureau of Labor Statistics reported that employment rose by 74,000 jobs in December, well below the consensus expectation of a 200,000 increase last month. For 2013 as a whole, the national economy added approximately 182,000 jobs per month. Although the GDP grew 3.6% in the 3rd Quarter of 2013, preliminary growth estimates for the 4th Quarter were significantly lower than previous quarters. The outlook is not strong for the start of 2014, and we suspect a weakening expansion across the macroeconomy.