“The high percentage of homes that are at least 20 years old and likely in need of some major repairs is eye-opening,” says Jake Adger, chief economist at RealtyTrac. “However, given the low inventory of homes available for sale in today’s market, this challenge of aging U.S. housing supply can also be an opportunity for buyers looking for a bargain and homeowners looking to … (0 comments)
real estate bonita springs naples fort myers foreclosures short sales pools schools lee collier: Values climbing quickly in SW Florida
- 09/08/13 10:26 PM
Florida’s housing market gained momentum in July, with more closed sales, more pending sales, higher median prices and a shrinking inventory of homes for sale, according to the latest housing data released by Florida Realtors®. “We’re seeing double-digit gains in statewide closed sales, new listings, pending sales and higher median prices,” said 2013 Florida Realtors President Dean Asher, broker-owner with Don Asher & Associates Inc. in Orlando. “And these increases are happening in both the single-family and the townhome-condo markets. July marks the 19th consecutive month that we’ve seen the statewide single-family home median sales price increase year-over-year. Florida’s housing market is … (0 comments)
RealtyTrac released its Aging Homes Analysis, which shows that more than 70 percent of the U.S. single-family homes were built before 1990 – but only 60 percent of 2013 sales year-to-date were for homes built before 1990.
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