increase: Florida Real Estate: Impressive Year Over Gains
- 11/21/12 02:12 AM
A recent report by Florida Realtors reports that Florida’s pending sales, median home price and closed sales all increased in the month of October. Real estate closings for existing home sales were up 25.3% from a year ago and totaled 17,779 transactions. Florida boasted a median sales price for existing homes of $184,300 in September which is up 11.4% from this time last year, according to the National Association of Realtors. This is actually higher than the national average. The President of Florida Realtors, Summer Greene, reported that the state’s unemployment rate fell to the lowest it has been in … (2 comments)
increase: New Home Building Data: Good News for All
- 10/19/12 04:15 AM
A report by the Commerce Department showed that the rate at which builders started new construction on single family homes and apartments was the highest last month than it has been in four years. Plans for continued building are set at an even higher rate than we have recently seen, a clear sign of buyers taking advantage of record low mortgage rates, low inventory and builder confidence on the rise. Not only is this good for the real estate market in general, but new home construction creates jobs which is essential in today’s economy. In the last two months we … (1 comments)
A recent report by Florida Realtors reports that Florida’s pending sales, median home price and closed sales all increased in the month of October. Real estate closings for existing home sales were up 25.3% from a year ago and totaled 17,779 transactions. Florida boasted a median sales price for existing homes of $184,300 in September which is up 11.4% from this time last year, according to the National Association of Realtors. This is actually higher than the national average. 
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