Browsing Posts In: housing market

The housing market experienced quite a bit of change in 2017 and developments forecasted for 2018 seem to follow suit. The realtor.com® data team reviewed historical data and other economic indicators and has put together a forecast of what is in store for this year. From housing inventory shifts to price increases to generational and regional changes, here are a few of the most prominent trends that are expected to restructure the real estate industry […]

2017 brought a significant amount of political, economic, and natural-disaster-related happenings and many of these events resulted in some type of impact to the housing market in Southwest Florida. There was an increase in new home building permits issued, which is a welcomed relief for an industry that continues to function with shortages in for sale inventory. Pending sales, closed sales and home prices for the region have all shown increases for 2017. Hurricane Irma […]

The United States housing market has been dealing with the issue of limited inventory for quite some time and now faces other challenges with regard to recently enacted tax reform, but despite these challenges there are several notable positive trends in the housing market. Factors in the housing market that are cause for optimism include an increased number of existing-home sales for October, the number of new-home sales in October, decreased number of days on […]

The housing market remained on a positive path for Florida in August, with a higher number of closed sales, higher number of pending sales, increased number of new listings and increasing median prices, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 25,235 for August, representing an increase of 0.9 percent compared to August 2016. “Housing market trends we have been seeing for months in Florida continued in […]

Single-family home sales across the state of Florida totaled 18,033 for the month of February 2017, a small decrease of 0.5 percent in comparison to February 2016. While housing prices continue to rise and inventory shortages continued, Florida’s economy and housing market remain strong. “Florida’s economy is growing, with more jobs being created,” said 2017 Florida REALTORS® President Maria Wells. “And a growing economy boosts the state’s housing sector as well. However, many local markets […]