Browsing Posts In: Florida Real Estate

Housing Market Held Steady on Positive Path

October 2, 2017

The housing market remained on a positive path for Florida in August, with a higher number of closed sales, higher number of pending sales, increased number of new listings and increasing median prices, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 25,235 for August, representing an increase […]

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Florida Housing Path Remains Encouraging

September 5, 2017

Florida’s residential real estate market remained on an encouraging path in the second quarter of this year with an increase in closed sales, increased median prices and a higher number of pending sales, according to the most recent housing market data released by Florida REALTORS®. Closed sales of single-family homes statewide totaled 79,888 in 2Q […]

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Floridians More Optimistic About Economy Overall

August 29, 2017

Consumer sentiment among residents of Florida increased 1.5 points in July to 97.7, representing the second-highest reading since March 2002. Out of the five factors that make up the index, three increased and two decreased. Overall views of one’s personal financial situation now likened with a year ago showed the largest decrease in the July […]

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Suggestions for First Time Homebuyers

August 15, 2017

Buying a home for the first time can be stressful and the related costs can be overwhelming. For most, it is the largest purchase one has made and the process can also be confusing. An analysis of the Census report by Trulia determined that owner households formed at double the rate of renter households in […]

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Data Indicates Florida Will Become 16th Largest Economy

July 11, 2017

University of Central Florida (UCF) Economist Sean Snaith predicts that Florida’s gross state product will break the $1 trillion mark next year – and then climb to $1.074 trillion in 2019. That gross state product level would in turn make the Florida economy the 16th largest economy in the world, as ranked by the World […]

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Anticipated Increase in Homeownership Rate

July 4, 2017

The rate of homeownership has progressively fallen since the Great Recession from 70 percent to an estimated 64 percent today. Housing industry experts say that new data indicates an approaching increase in the homeownership rate for the current year. Real estate-focused website Trulia has evaluated the Census report and uncovered that owner households formed at […]

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New Bill Lower Taxes on Job Creators and Families in Florida

June 20, 2017

The Florida Chamber of Commerce applauds Florida Governor Rick Scott for lowering taxes on job creators and families by signing HB 7109, sponsored by Representative Jim Boyd (R-Bradenton) and Senator Kelli Stargel (R-Lakeland), into law. This Florida Chamber-backed bill takes a major step toward addressing much-needed targeted tax reform, including a reduction of the Florida-only […]

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The Jump from Renter to Homeowner in Florida Among the Most Reasonable

June 13, 2017

A report recently released by HowMuch.net offers an analysis of monthly housing costs by state and the differences between the cost of owning and the cost of renting. The report shows the smallest cost increase between owning and renting is in the Southeast region and in the Rust Belt. The report lists homeownership in West […]

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Florida’s Strong Economy Continues to Motivate Real Estate Market

April 20, 2017

Single-family home sales across the state of Florida totaled 18,033 for the month of February 2017, a small decrease of 0.5 percent in comparison to February 2016. While housing prices continue to rise and inventory shortages continued, Florida’s economy and housing market remain strong. “Florida’s economy is growing, with more jobs being created,” said 2017 […]

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