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
Price Trends
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