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Sun Blog: Real Estate News & Information

Real Estate News & Information

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

Are Investors Flipping

This morning a customer said to me, “I hear that people are starting to “flip houses” again. What is going on is not what she had in mind. “Flipping” has always been part of the real estate market and probably always will. When a savvy investor find a home that is in need of repair with a good prospect of appreciation, he or she buys. They complete repairs and maintenance, add … Keep reading... about Are Investors Flipping

Florida’s real estate market improved during the 2013 third quarter

According to a report by the Florida Association of Realtors®, real estate in Florida closed more sales than the same period a year prior. Florida’s unemployment rate is lower than the national average which may have helped the real estate sales situation. The statewide price of single family homes showed an increase of 18.6% over the same period a year ago. The price of … Keep reading... about Florida’s real estate market improved during the 2013 third quarter

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