tequesta home inventory: Tequesta Area Home Inventory Shrinks for 3rd Straight Month
- 05/14/14 10:26 PM
Is the "protracted slowdown" heading our way?The Fed has spoken; Janet Yellen has appeared in front of the United States Congress and told them the recent housing slowdown "could prove more protracted" than expected. Seems the national concern is fewer households forming and actually the numbers are quite shocking. I always take government numbers with a grain of salt but these figures are certainly disturbing to the real estate world. According to the Census Bureau new household formation for the 12 month period ending on March 31st was 423,000. Compare that to the average formations of 1,300,000 for the period between … (0 comments)
tequesta home inventory: Home Buyers in Tequesta Have Very Few Options
- 08/11/13 10:31 PM
Home Inventory in Tequesta Hits New Record Low With Palm Beach County schools starting up again next week it is still a little early to say that summer is over but we are getting close. No doubt it has been an interesting summer on the front lines of the local real estate market and the recovery continues to change on a daily basis. If you are a buyer shrinking inventory levels have made your task of finding a new home more difficult. While we have seen dramatic reductions over the past few months the free fall seems to have cooled with … (0 comments)
tequesta home inventory: Tequesta Home Inventory Up for the 1st Time Since March
- 10/07/12 05:39 PM
Tequesta Home Inventory Increases for the 1st Time in 7 Months As we continue to see struggles in the overall economy, real estate sales have remained strong with inventory remaining the #1 concern among buyers hoping to find the perfect home now that prices have finally started to move higher. The lack of quality, well priced homes is more than just talk, it is a real problem for local Realtors® trying to assist their clients in today’s market. Many economists are afraid the strength in the real estate sector is not spreading to other segments of the economy. With only 29 … (0 comments)
tequesta home inventory: Buyers Have Trouble Finding Homes in Tequesta
- 08/03/12 09:18 PM
Tequesta Inventory Level Decreases 4% in July August is going to be an interesting month. With the local housing scene continuing to show strength and the national economy still struggling one thinks a convergence is on the way. How long can housing continue on it’s merry way without a substantial change in the economic fundamentals? Interest rates continue to drop and this week the United States Treasury dropped hints about negative yield bonds which we have brought up before in this column. Home sales on a national level for both new and resale properties fell in June while we reported here … (1 comments)
tequesta home inventory: Further Declines in Tequesta Inventory Levels Reported
- 07/14/12 09:35 PM
Tequesta Inventory Level Declines 5% in June Multiple offers, quick sales and rising prices have become the rule here in south Florida as the amazing real estate rebound of 2012 continues. The shortage of quality single family homes continues and absorption rates have declined to levels we have not seen in about 7 years. Inventory levels throughout the north county region continue to drop. And we are talking about very significant reductions. Many buyers are finding out just how competitive this market is when out shopping for a new home. When a home that is properly priced hits the market, especially … (0 comments)
tequesta home inventory: Tequesta Leads the Pack with Big 30 Day Drop in Home Inventory
- 05/08/12 05:22 PM
Tequesta Inventory Level Down 7% Last Month April passed quickly by and brought with it increased activity from the investor market and their surging demand for lower priced opportunities. Ever so slowly the change from a bear market to a bull market continues to show momentum in South Florida. Investors are making up about 1/3 of the current market and their appetite continues to grow with prices being driven much higher in many investment grade communities. Almost 100% of these transactions are cash deals and end up with multiple offers being presented within a day or two of the listing hitting … (1 comments)
tequesta home inventory: Welcomed 3rd Straight Increase in Tequesta Housing Inventory
- 12/10/11 07:29 AM
Tequesta Home Buyers Happy to See Additional InventoryInventory remains a problem for buyers looking for a new home these days in southern Florida. Just ask any of your friends who have been looking and you will hear the same story. We have been so spoiled over the past 5 years with excess inventory and options galore that buyers who remain very price conscious looking today are disappointed. 2011 has been an amazing year for further recovery and sales remain strong. It is going to be very interesting to watch where we go from here and because this business is so interesting … (0 comments)
tequesta home inventory: Tequesta Single Family Home Sales Soar in October
- 12/04/11 10:54 PM
Tequesta Home Sales Jump 36% in October Still trying to catch up after a well deserved vacation and a return to a south Florida real estate market that is hot, hot, hot. While I quit reading the newspaper and listening to news on the TV I get more than enough from the internet and know how the talking heads report how bad everything is with the economy. Somebody forgot to tell home buyers how bad it is because they continue to spark the amazing rebound we have seen this year. Particularly strong is the single family home market and well priced … (0 comments)
tequesta home inventory: Tequesta Home Inventory Level Rises for the 2nd Straight Month
- 11/27/11 06:24 AM
Tequesta Home Inventory Levels Up 3%Wow what a little havoc a well planned holiday can play. Working like crazy to ensure I took care of my clients before leaving the country on a little vacation then coming back to a real estate market that is on fire has put me behind on my blogs; way behind. With the Thanksgiving weekend upon us I knew the annual slowdown we experience this weekend would allow me to catch up and for that I am thankful! Real estate sales throughout the north county area have had a strong showing for most of the year … (0 comments)
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