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Florida Real Estate News – Home price rise strongest in nearly three years

Florida Real Estate News – SandP CoreLogic Case-Shiller: U.S. home prices rose 5.8% annually in March as the pace of increases accelerated in 2017. From 2014-2016, they hovered around 5%. Home prices rise at strongest pace in nearly 3 years Buying a new home can be very overwhelming, especially if it’s your first one. These six tips – like getting extra inspections and researching your neighborhood beforehand – can help simplify the process. What are your best tips for new homeowners? Time These are heady days for American home sellers,…

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Florida Real Estate News – Your first smart home listing? How to sell it

Florida Real Estate News – Your first smart home listing? How to sell it CHICAGO – Smart-home features can boost a home’s sale value by up to 5 percent. That’s about $15,000 on a $300,000 home – no chump change to a seller – and home appraisers are starting to factor smart-home features into their valuations as well. So what are the perks of a smart home if you ever find you’re selling one? A realtor.com article points to the following benefits: Smart homes are safer A survey by August…

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Florida Real Estate News – Fla. home sales up 9.3% yeartoyear in March

Florida Real Estate News – Fla. home sales up 9.3% year-to-year in March NAR: U.S. home sales jump 4.4%, hit 10-year high ORLANDO, Fla. – Florida’s housing market reported more closed sales, higher median prices and increased pending sales in March, according to the latest housing data released by Florida Realtors. Sales of single-family homes statewide totaled 25,921 last month, up 9.3 percent compared to March 2016. “March’s strong sales likely were influenced by buyers ready to take action before interest rates could move higher,” says 2017 Florida Realtors President…

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Florida Real Estate News – U.S. home sales jump 4.4% – hit 10year high

Florida Real Estate News – U.S. home sales jump 4.4% – hit 10-year high WASHINGTON – U.S. existing-home sales took off in March to their highest pace in over 10 years, and severe supply shortages resulted in the typical home coming off the market significantly faster than in February and a year ago, according to the National Association of Realtors® (NAR). Only the West saw a decline in sales activity in March. Total existing-home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – ascended 4.4 percent…

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Florida Real Estate News – NAR Feb.’s pending home sales leap 5.5%

Florida Real Estate News – Pending home sales rebounded sharply to the highest level in nearly a year and second-highest in over a decade. “The stock market’s continued rise and steady hiring in most markets is spurring significant interest in buying,” says NAR economist Yun. NAR: Feb.’s pending home sales leap 5.5% WASHINGTON –  Pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade, according to the National Association of Realtors®(NAR). All major U.S. regions saw a notable…

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Florida Real Estate News – Miami home prices again pushing buyers north

Florida Real Estate News – More people are moving out of Miami in search of affordable housing options in counties farther north, the result of rising home prices and stagnant incomes in the county. Miami home prices again pushing buyers north MIAMI –A recent study from Florida International University find more Miami residents looking to live elsewhere because they’re struggling to find affordable housing. Researchers looked at Miami, Fort Lauderdale and West Palm Beach, where the market has seen a collective outflow of 106,591 residents since 2010. Recent reports from…

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Florida Real Estate News – Dec. home prices rise at fastest pace in a year

Florida Real Estate News – Dec. home prices rise at fastest pace in a year U.S. home prices rose in December from a year earlier at the fastest pace in 11 months, as prospective buyers bid against each other for a limited supply of available property. The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index, released Tuesday , increased 5.6 percent, the most since January 2016. The price gain reflects the healthy pace of home sales, which increased in January to the fastest level in a decade. Steady job gains…

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Florida Real Estate News – Home builder to lead Fla. Constitution Revision Commission

Florida Real Estate News – Home builder to lead Fla. Constitution Revision Commission TALLAHASSEE, Fla. – Gov. Rick Scott tapped Bradenton home builder Carlos Beruff to chair the Constitution Revision Commission, a powerful post for the governor’s political ally who last year lost a Republican primary bid for the U.S. Senate to incumbent Marco Rubio. Announcing the appointment Wednesday, Scott praised Beruff – a wealthy businessman born in Miami to Cuban emigres – for living “the American dream in our great state.” “My goal for the CRC (the commission) is…

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Florida Real Estate New – When do home sellers list their homes

Florida Real Estate News – When do home sellers list their homes? CHICAGO – Home listings are most likely to debut on Thursdays and Fridays, with Fridays the most common listing day by a slight margin, according to research by the National Association of Realtors®(NAR). Top listing days give buyers a good chance to see a new and wider selection of listings. For sellers, however, it suggests more competition, at least at first. In a month-by-month comparison, April is the most popular as sellers prepare for the traditionally busy spring…

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Florida Real Estate News – Home prices rise 5.3% amid solid demand tight supply

Florida Real Estate News – US Home Prices Rise 5.3 Pct. Amid Solid Demand, Tight Supply U.S. home prices marched steadily higher in November, pushed up by healthy demand for homes and a shrinking supply of available properties. The Standard & Poor’s CoreLogic Case-Shiller 20-city home index, released Tuesday , rose 5.3 percent, slightly faster than October’s gain of 5.1 percent. So far, home sales have remained healthy even as mortgage rates have risen, suggesting homebuyers are trying to lock down purchases before rates increase further. Americans bought existing homes…

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