Browsing Posts In: 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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Home Builders Provide Inventory Shortage Relief

September 26, 2017

Sales of new United States homes decreased by 9.4 percent in July, representing the strongest one-month decreased in close to a year. But the decrease followed strong sales in previous months, and sales so far this year are outperforming last year’s. The Commerce Department said Wednesday that new-home sales fell to a seasonally adjusted annual […]

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Strong Demand in the 55 and Over Housing Sector

September 19, 2017

An estimated 10,000 baby boomers are retiring each day, which is inevitably having an impact on the real estate market. Builder focus in the single-family 55+ housing market has increased for the second quarter of 2017 with a reading of 66, an 11-point increase over the first quarter of 2017, according to the National Association […]

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Suggestions to Ease Entry Into the Housing Market

July 25, 2017

Entering the housing market for the first time can be overwhelming and costly. It is very likely the largest purchase one has made and the process can be confusing. The most recent market report by Naples Area Board of REALTORS® (NABOR®), released June 16 with May figures, shows pending sales up 12 percent, closed sales […]

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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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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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Home Sales Totals Increase in Southwest Florida and Statewide

May 23, 2017

The Southwest Florida economy was strong for the most part in the month of March, as it was statewide, according to recent reports and information released by Florida REALTORS®, and the Southwest Florida Regional Economic Indicators Report prepared by Florida Gulf Coast University (FGCU). Reports indicate the residential real estate market in Florida had a […]

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Hispanic Homeownership Rate Has Increased Significantly

May 8, 2017

The Hispanic population has a significant influence in residential real estate, outdoing national statistics as they purchase homes at a faster rate for the second straight year. According to the National Association of Hispanic Real Estate Professionals’ (NAHREP) recently released 2016 State of Hispanic Homeownership Report, the Hispanic homeownership rate increased to 46 percent last […]

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Sustainability Becoming More Widespread in Residential Real Estate Market

May 2, 2017

Sustainable qualities and characteristics for homes are becoming more of a central topic of interest among homebuyers and sellers. The National Association of REALTORS® (NAR) recent REALTORS® and Sustainability report reveals over fifty percent of REALTORS® affirm that real estate buyers and sellers are interested in home sustainability issues and practices. “As consumers’ interest in […]

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Lenders Expect an Increase in Mortgage Purchase Production This Year

April 24, 2017

Sustained economic development is anticipated to give first-time homebuyers the reassurance necessary to enter the residential real estate market. Moreover, about three out of five independent mortgage lenders (59 percent) in a recent survey predict an increase in the number of first-time homebuyers in 2017. The forecast comes from The Lenders One Cooperative, a national […]

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