For-sale signs are nearly as common as mailboxes in many neighborhoods of Central Florida these days, but there is one type of real estate that buyers are snatching up at a record pace: time shares. (more…)
Pending sales of existing homes rose by 5 percent in June compared with the previous month, a surprisingly positive sign for the beleaguered Florida mortgage market. (more…)
Despite favorable Florida mortgage rates, strong job growth and other positive economic conditions, statewide sales of existing single-family homes in the state were down last month. (more…)
Statewide sales of existing single-family homes in Florida totaled 12,607 in May and were more in line with activity in May 2002 – prior to the housing boom years – than the May 2006 figures of 19,072 homes sold for a 34 percent decrease in the year-to-year comparison, according to the Florida Association of Realtors (FAR). (more…)
Sales of existing homes nationally are expected to drop 4.6 percent this year to 6.2 million, the National Association of Realtors said Wednesday - a stark contrast to the Bradenton-Sarasota market, which has seen sales gains the last two months. (more…)
April’s existing-home sales report released Friday dashed all hope that the spring selling season would pull the Florida real estate market out of its post-boom doldrums. (more…)
Sales of new homes surged in April by the biggest amount in 14 years in the U.S., although the median price of a new house also dropped by the largest amount on record. (more…)
Single-family existing home sales across the Florida housing market totaled 33,748 during the first three months of the year, down 26 percent from the 45,844 homes sold during the same period last year. (more…)
As the Florida Legislature spends the next month and a half grappling with the property tax crisis, the real estate industry fidgets on the sidelines, watching sales figures fall and growing more anxious by the minute.
Their fear: Already-lagging Florida mortgage activity and the state’s languishing housing market will sink further with buyers waiting until legislators decide the future of property taxes.
