Market Trends

Real Estate Market Trend and Stats

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Market Trends NAHB Economy Prediction: Down in ’23, up in ‘24 Home builders are holding their major convention in Las Vegas this week, and their chief economist thinks rates will “normalize” in the second half of the year
Market Trends Fla.’s Sept., 3Q Housing: Supply, Median Prices Up Florida Realtors: Despite initial impacts from Ian, inventory grew and single-family median price up 13.8% year-to-year, condo median up 20.5%. But sales down 29%.
Buying Big Drop in Percent of Buyer Bidding Wars U.S. bidding wars dropped 2.6 percentage points between July and Aug, with Tampa dropping 11 points and Orlando down 12.4. Still, bidding wars rose 2.8 points in Miami.
Market Trends FHFA: U.S. 2Q Prices Up 17.7% – But Over 26% In Florida Of 100 metros tracked by government-backed mortgages, Fort Lauderdale, Pompano Beach, Sunrise and West Palm Beach Boca Raton and Boynton Beach made the top 10.
Market Trends More Florida Inventory? Depends on Price Tier   By Jennifer Warner   Florida Realtors economist: Active inventory is up 68% year-to-year, but largely at higher price points as listings in the $150-$300K range continue to contract. ORLANDO, Fla – Strong demand from local and out-of-state buyers fueled by cheap mortgages the last few years pushed overall active inventory to historic lows. Strong […]
Market Trends The Best Places to Start a Florida Business Florida Realtors economist: Fla.’s business focus landed 4 cities (Orlando, Miami, Tampa, Jacksonville) in a “top 15 best places to start a business” list. ORLANDO, Fla – Florida keeps outgrowing its 20th century reputation as a place to kick back, relax, retire and vacation. Efforts to establish a more diverse economy and workforce over the […]
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