Browsing Posts In: Uncategorized

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 rate of 571,000 in July, down from 630,000 […]

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Townhomes are Fastest-Growing in Single-Family New Construction Market

April 18, 2017

Townhomes are currently the most rapidly growing division of the single-family housing market, according to the National Association of Home Builders (NAHB). New construction of townhomes increased 17.8 percent from 2014 to 2015. That compares to a 10 percent construction increase for detached single-family homes and a 12.1 percent increase in co-op, condominium and apartment construction over the same period of time. In […]

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University of Florida Survey Indicates Sharp Increase in Consumer Sentiment Statewide

April 11, 2017

Consumer sentiment among Florida residents increased in March to the highest level in 15 years, according to the most recent University of Florida (UF) consumer survey. University of Florida’s most recent consumer survey results indicate a consumer sentiment reading of 99, the highest rate since March 2002 and the second-highest rate since November 2000. The lowest index possible is a 2, while the […]

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Florida Real Estate and Economy Remain Strong

April 4, 2017

The sale of single-family homes across the state of Florida totaled 18,033 for February 2017, down just 0.5 percent when compared to February 2016. Despite rising housing prices and continued inventory shortages, Florida’s economy and real estate market remain relatively strong and developing. “Florida’s economy is growing, with more jobs being created,” said 2017 Florida REALTORS® President Maria Wells. “And a growing economy […]

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Examining Potential Return on Investment for a Remodel

February 27, 2017

Whether you are considering the purchase of a new home or preparing to sell the home you currently own, putting some thought into potential home improvements in order to increase the value and overall appeal of the home is common and smart. Gathering all types of information, including how much the project could cost, how long it should take to complete, and calculating […]

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