According to research by the National Association of Realtors®, pending home sales, homes that have contract to sell but have not closed escrow, have declined for the 4th month in a row. We are seeing the same in Southwest Florida as slow sales continue a buyer's market. According to the report, September marks the first time in 29 months that pending home sales weren’t above … Keep reading... about Pending home sales continue decline in Sept, 2013
Real Estate News & Information
North Port Home Sales
Over the past several months, inventory of single family homes in North Port, FL has been shrinking and the price of homes has risen. Year to date (9/23/2013) in North Port, FL, there were 1,118 single family homes sold at a median price of $122,000. Last year (2012) there were 1,551 single family homes sold during the entire year at a median price of $100,000. For more … Keep reading... about North Port Home Sales
Builder Chooses Port Charlotte
Miami Lakes, Florida Builder, New Vista Properties has made significant investments in the Charlotte County, Port Charlotte area. Citing the proximity to excellent beaches, baseball spring training and other features, the company believes the area is ripe for growth. The company's slogan is "100% Pure Florida Living" and that is what they believe is found in this area. … Keep reading... about Builder Chooses Port Charlotte
Sarasota Home Prices Increase in 2013
According to The Sarasota Association of Realtors, the median sale price of single family homes jumped to $210,000 in March, 2013, an increase of 20%. The average sale price in Sarasota County was almost $290,000 with homes selling at 94% of list price. Do your own research on the Suncoasteam Realty site. You can create your own report of recently sold homes in Sarasota and … Keep reading... about Sarasota Home Prices Increase in 2013
Sarasota Housing Market: December 2012 (Includes Final 2012 Numbers)
By: Jim Mulligan, REALTOR, Suncoasteam Realty Contact Jim: 941-235-7474, jim@suncoasteam.com Property sales in 2012 were the fourth highest in the history of the Sarasota Association of Realtors. The 9,169 sales in 2012 was the highest since 2005, when we saw 10,562 sales. The Sarasota housing market also continued its robust trend as December sales numbers helped close the … Keep reading... about Sarasota Housing Market: December 2012 (Includes Final 2012 Numbers)
Florida’s Real Estate Market Ends 2012 On a Positive Note
According to a report by Florida Realtors®, Florida’s housing market had more closed sales, higher pending sales, higher median prices and a reduced inventory of homes for sale in December, 2012. December marks the 12th consecutive month of higher statewide median sales prices for both single-family homes and for townhouse-condo units year-to-year, according to Florida … Keep reading... about Florida’s Real Estate Market Ends 2012 On a Positive Note
Real Estate Research Firm Predicts 6% Price Increase in 2013
IRVINE, Calif. – Jan. 14, 2013 – CoreLogic, a real estate market research firm, released its CoreLogic Home Price Index (HPI) report today. It found a 7.5 percent increase in home prices during 2012, the largest home price increase since 2006. CoreLogic projects home prices to increase 6 percent in 2013. Factors pushing the increase are greater affordability fueling steady … Keep reading... about Real Estate Research Firm Predicts 6% Price Increase in 2013
Home owner affordability
2012 set a record as affordable homes were sold and interest rates low. http://rotonda.suncoasteam.com/2013/01/11/housing-affordability-sets-a-record-in-2012 … Keep reading... about Home owner affordability
HOME SALES SURGE IN FLORIDA
According to a report by the Florida Association of Realtors, sale of single family homes in the state was up 24.4% in November 2012 as compared to November 2011. The median sales price for Florida single-family homes in November 2012 was $150,000, up 11.2% from a year ago. In Charlotte County, FL, there were 240 single family homes sold in November 2012 with a median price … Keep reading... about HOME SALES SURGE IN FLORIDA
What is that house worth?
In a study conducted by HomeGain and reported by the Florida Association of Realtors, 75% of homeowners homeowners think their home is worth more than their agent’s recommended list price. Meanwhile, 63% of home buyers say homes are overpriced. Statistics from November, 2012 of homes sold in Charlotte County, FL show that the Average Selling Price as a % of List Price for all … Keep reading... about What is that house worth?