Blogs
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Florida Realtors’ data: Higher median prices – up 18.4% for single-family homes to $355,000; up 18.6% to $254,900 for condos – than 3Q 2020. Condo-townhouse sales up 13%, though single-family home sales were down slightly (-1.1%), at least in part due to tight inventory. ORLANDO, Fla. – Florida’s housing market
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Prices rose in 99% of the 183 markets NAR measures quarterly, and 16% (to $363,700) overall. Of the top 10 metros for year-over-year price gains, five are in Fla. WASHINGTON – In the third quarter of 2021, strong buyer demand and limited housing supply led to median sales prices rising
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Companies investing in single-family homes for rent are growing fast, and REIT funds are getting in on the action. There’s a new property type in the REIT world. Single-family housing companies are growing fast and generating big profits for their owners, which include two mutual funds. Baron Real Estate Income
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Back in May, The Atlantic published an article titled “Why You Should Wait Out the Wild Housing Market,” which argued that the “ludicrousness” would soon exit the market. It’s understandable why some homebuyers would want to take that “wait it out” approach. After all, home prices can’t go up at
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Knowing the market trends can help you plan your business. Top economists and real estate professionals share their predictions for 2022. With continuing population growth, 2022 looks like another strong year for Florida’s residential markets. Low mortgage rates will help buyers, despite rising home prices. Although builders are increasing production,
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Closed Sales The number of sales transactions which closed during the quarter Economists’ note: Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we ecommend comparing the percent changes in sales rather than the number
