The Southwest Florida real estate market looks promising in the last quarter of 2018. The housing forecast shows that home prices have risen 9.6% over the last year, and the demand is still strong. Sales of single-family homes located in the area rose 0.8% in the second quarter of this year compared to last year. Homes priced under $300,000 tend to sell best. Perhaps it is … Keep reading... about Southwest Florida Real Estate Market
Price Trends
Buy a home in Southwest Florida
Is 2018 the year to buy a home in Southwest Florida? Analyzing the right time to buy a home in Southwest Florida, otherwise known as "Market Timing", is difficult to calculate. Personal and societal economics are in constant change. Nevertheless, we all need someplace to live and a home is one of our biggest investments. Even if you are considering a second home, it is a … Keep reading... about Buy a home in Southwest Florida
Home Prices in SW Florida
Home Prices Rise Slowly A recent study by Standard & Poor’s and its research partners have determined that home prices across the nation are rising at a moderate rate. This is good news as real estate markets show recovery but have not returned to panic speculation. This, coupled with strong consumer confidence suggests a good time to buy a home. According to economic … Keep reading... about Home Prices in SW Florida
Homeownership in Sarasota Area
Sarasota Homeownership According to research by the National Association of Realtors (NAR), the rate of homeownership has fallen to its lowest level since 1965. Today in many areas, people are renting homes when they actually can afford to buy. For most people, owning a home is their most secure and valuable investment. Homeownership is a way to save money each month without … Keep reading... about Homeownership in Sarasota Area
Real Estate Sales Report Charlotte and Sarasota Counties, FL August 2015
Real Estate Sales Reports for Single Family Homes sold in Charlotte and Sarasota Counties in the 30 days prior to 9/5/2015 During August, 2015 there were 1,037 single family homes reported sold in the MLS of Charlotte and Sarasota Counties. Ave. Listing Price: $302,862 Ave. Selling Price: $289,067 Ave. Selling Price as a Percent of List Price: 95% 344 of the reported … Keep reading... about Real Estate Sales Report Charlotte and Sarasota Counties, FL August 2015
Canadians Encouraged to buy Florida Homes
Buy Florida Homes...A study by the Bank of Montreal says that the housing market in the US is heathy and prices are expected to rise. It added that Florida destinations for Canadians remain affordable with a median priced home approximately half the cost of a home in Canada. Over a half million Canadians own homes in Florida. Southwest Florida is a popular wintering spot for … Keep reading... about Canadians Encouraged to buy Florida Homes
Economic Data Points to Improved US Economy
Indicators of economic activity show that the US economy grew faster than expected and suggest that a sustainable growth period lies ahead. Business investment is up significantly and the growth rate April through June, 2014 was over four percent. In addition, the Labor Dept reported a drop in initial unemployment benefits claims. This is improvement is reflected in optimism … Keep reading... about Economic Data Points to Improved US Economy
Housing price increase expected in 2014
Real estate analysts expect home prices to increase by 8.3% in Florida during 2014. Price increase was slow in the beginning of the year but the second half is expected to make up for the slow start. Blaming severe weather for slow price growth, analysts are optimistic for appreciation of prices across the country and especially in Florida. … Keep reading... about Housing price increase expected in 2014
Florida Real Estate Market Improving
All factors point to improvements. Days on the market are down for listed properties. Prices are up. The number of closed sales in January 2014 was up 10.2% over January 2013. Continued low interest rates also was a factor in price appreciation. Statewide, the median sale price of a single family home was up 12.1% to $162,50 over January 2013. The price of condos / town homes … Keep reading... about Florida Real Estate Market Improving
Home sales reach seven year high
According to research by the National Association of Realtors, home sales are up 8.6% in Florida for the year 2013 with over 19,000 units. There has now been over 25 consecutive months of sale price increase in both single family homes and condo/townhome/villa. Homes are also selling after. The median time on market statewide was 50 days, meaning half of all listings sold in … Keep reading... about Home sales reach seven year high