Florida FHA Loan News

More Inventory, Fewer Sales in Florida’s Housing Market

2019 Lakeland, FL Housing Market Trends. There is good news on the Lakeland home-front. The trends in Lakeland show an 8% year-over-year increase in median home sale prices. And while the housing market is slowing in some areas, that is not the case for Lakeland as this trend will continue into 2019.

Will higher mortgage rates make ownership more, or less, affordable than today? Rises in interest rates.. Seasonal dip in sales, more inventory, steady prices.

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Prices for Tampa-St. Petersburg-Clearwater, Fla. area homes are up. much more inventory than in most regions, according to the National. homes and condos/townhomes for sale in the $171,900 to $175,000 price range.. The largest number of real-estate markets on the top ten list were in Florida.

 · Clearwater and Sarasota along Florida’s Gulf Coast were also luxury market winners in the first quarter with respective year-over-year price growth of 31.2 percent and 27.3 percent. To see data for your city, download the data at this link and visit the Redfin Data Center to find more housing market data for metro areas around the country.

“The market was characterized by fewer sales and more listing inventory. douglas elliman reports property sales continue to rise [Palm Beach Florida Weekly].

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 · 2019 Lakeland, FL Housing Market Trends. There is good news on the Lakeland home-front. The trends in Lakeland show an 8% year-over-year increase in median home sale prices. And while the housing market is slowing in some areas, that is not.

Updated Aug 10, 2016, 3:54pm EDT. Florida’s housing market had more new listings, higher median prices and fewer days to a sales contract during the second quarter of 2016, according to the Florida Realtors. Closed sales of single-family homes statewide totaled 76,748 in second-quarter 2016, up 1.4 percent from second-quarter 2015.

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ORLANDO – Florida’s housing market reported more closed sales. statewide closed sales totaled 9,270 last month, up 14.1 percent compared to a year ago. Closed sales data continued to reflect fewer.

Many experts believe the Northeast Florida housing market is rebalancing, and they don’t consider that to be a bad thing. Data shows that the region is experiencing a slight dip in home sales, but area industry leaders from real estate brokers to homebuilders say the slowdown could help bring prices and inventory levels back to more manageable.

Dec. 22, 2014 /PRNewswire/ — Florida’s housing market reported higher median prices and a stable inventory. closed sales totaled 7,227 last month, down 5.4 percent compared to November 2013. The.

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