Browsing Posts In: real estate

Housing Expected to Continue to Gain Ground

February 5, 2018

The newly enacted tax law will create a more favorable tax climate for the business community, which should spur job and economic growth and keep single-family housing production on a gradual upward trajectory in 2018, according to economists speaking at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando, Fla., on Tuesday. […]

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2017 Housing Market Overview

January 23, 2018

2017 brought a significant amount of political, economic, and natural-disaster-related happenings and many of these events resulted in some type of impact to the housing market in Southwest Florida. There was an increase in new home building permits issued, which is a welcomed relief for an industry that continues to function with shortages in for […]

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Report Says Residential Housing Prices More Affordable Today

December 19, 2017

The latest Mortgage Monitor Report by Black Knight Inc., a mortgage data and performance information provider, home prices are actually more in reach now than they were in the late 1990s. Interest rates have decreased 40 basis points over the last six months, but the majority of the possible savings is counterbalanced by the fast […]

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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 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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