More Sales, Higher Prices in Florida Housing Market

 · The statewide median price for condo-townhouse units in August was $185,000, up 8.8 percent over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less. Looking at Florida’s condo-townhouse market, statewide closed sales totaled 10,365 last month, up 6.6 percent compared to a year ago.

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Long-term mortgage rates fall, break 9-week rise PERT Florida Real Estate School Best Mortgage Broker In Broward Long-term mortgage rates fall, break 9-week rise mortgage buyer freddie mac said Thursday the rate on 30-year fixed-rate loans declined to an average 4.20 percent from 4.32 percent last week. This week, bond prices recovered and the yield on the benchmark 10-year Treasury bond fell to 2.44 percent Wednesday from.

More Sales, Higher Prices in Florida Housing Market. Last month saw 28,071 single-family home sales, up 0.8 percent from one year earlier. Statewide closed sales for the townhouse-condo market totaled 12,012 last month, up 4.1 percent compared to a year ago. The statewide median sales price for single-family existing homes was $255,000,

In May, pending sales in the Northeast were 3.5% higher, and in the Midwest. particularly at lower price points. Market.

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The stock pared some gains by market close Friday, ending higher by about 59%. This comes after the Dania Beach, Florida-based company. Chewy’s opening share price at $36 apiece gave the company a.

According to Florida Realtors, Florida's housing market reported more sales, higher median prices and increased inventory (active listings) in.

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Today, the housing market. for more than 30 percent of all home sales in the quarter. Leading the pack was 93212 in Kings County, California, where 48 percent of all home sales were flips. That was.

Q) Is Now the Time to Buy Real Estate in Florida? A) No, In My Opinion It is Not a Good Time to Buy a Home in Florida. Why? It’s still a seller’s market, so buyers are paying more than they need to.; Prices won’t be going much higher, much longer, so if you can wait you will be better off.

Looking at Florida’s condo-townhouse market in April, statewide closed sales totaled 11,817, up 3.2% compared to a year ago. closed sales may occur from 30- to 90-plus days after sales contracts are written.

“The lean supply of homes for sale is leading to higher sales prices and fewer days on market, and the supply shortage is more acute for entry-level homes,” said Dr. Frank Nothaft, chief.