ORLANDO, Fla – Florida’s housing market reported increased sales, higher median prices, more pending sales and gains in inventory (active listings) in May compared to a year ago, according to the latest housing data released by Florida Realtors. Sales of single-family homes statewide totaled 30,742 last month, up 9.6% over May 2018.
“Along with low mortgage rates, the pressure on home prices is easing due to increased inventory, which is a positive trend for housing affordability and could encourage some buyers to enter the.
· The housing reports are comprehensive assessments and predictions of US Housing markets drawing insight from NAR, CAR, Corelogic, Wall Street Journal, Freddie Mac, tradingeconomics, statista, and more industry sources. These 13 factors will shape the housing market. Check out the latest US stats, and discover when you should buy or sell.
Florida’s housing market reported more pending sales, higher median prices and increased inventory (active listings) in March compared to a year ago, according to the latest housing data released by Florida Realtors. Sales of single-family homes statewide totaled 25,013 last month, about the same level as March 2018.
ORLANDO, Fla., Feb. 12, 2019 /PRNewswire/ — Florida’s housing market wrapped up 2018 with more sales, higher median sale prices and more new listings compared to the year before, according to the.
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ORLANDO, Fla., June 21, 2019 /PRNewswire/ — Florida’s housing market reported increased sales, higher median prices, more pending sales and gains in inventory (active listings) in May compared to a year ago, according to the latest housing data released by Florida Realtors .Sales of single-family homes statewide totaled 30,742 last month, up 9.6% over May 2018.
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· Florida’s housing market is also projected to do very well next year. The study also found that the Tampa/Sarasota housing market is “hot,” ranking sixth in loan applications from those ready to move, while property prices have gone up by a strong 14.7%.
Real estate data by Redfin.com shows that the Orlando housing market is very competitive. Homes in Orlando receive 1 offers on average and sell in around 35 days. The average sale price of a home in Orlando was $230K last month, up 8.5% since last year.
Forecasts for the housing market in 2019. In its U.S. economic and housing market outlook for 2019, CoreLogic economists forecast growth in home prices to drop by one percentage point as higher.
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