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Florida Real Estate News – Fla. housing market Higher prices and more sales in June

Florida Real Estate News – Fla. housing market: Higher prices and more sales in June ORLANDO, Fla., – Florida’s housing market had more closed sales, higher median prices and more new listings in June, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 28,205 last month, up 4.3 percent compared to June 2016. “More homeowners decided it was time to sell in June, resulting in an increase of new listings in Florida by 4.2 percent,” says 2017 Florida Realtors President Maria Wells, broker-owner…

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Florida Real Estate News – Housing starts rebound 8.3% in June to four month high

Florida Real Estate News – Housing starts rebound 8.3% in June to fourmonth high In May, experts wondered if the drop in housing starts was an anomaly, and June’s surge suggests that it was. In addition, building permits rose 7.4%. Housing starts rebound 8.3% in June to four-month high WASHINGTON (AP) – Homebuilders ramped up construction in June to the fastest pace in four months, led by surges in the Northeast and Midwest. Housing starts climbed 8.3 percent in June to a seasonally adjusted annual rate of 1.22 million, the Commerce…

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Florida Real Estate News – Median Prices Continue to Rise in Fla.’s Housing Market in April 2017

Florida Real Estate News – Median Prices Continue to Rise in Fla.’s Housing Market in April 2017 ORLANDO, Fla., Rising median prices and constrained inventory remained a prevailing trend in Florida’s housing market in April, according to the latest housing data released by Florida Realtors®. The trend resulted in a loss of momentum for home sales: Sales of single-family homes statewide totaled 23,829 last month, easing slightly (-1.2 percent) when compared to April 2016. “Low inventory means fewer homes on the market and increased competition for those homes,” said 2017…

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Florida Real Estate News – Court Fair housing protects LGBT people

Florida Real Estate News – Federal fair housing law protects LGBT couples, court rules for first time A federal judge, in a first, ruled Wednesday that the federal law barring housing discrimination protects LGBT people.The married couple who brought the case — Rachel Smith, a transgender woman, and Tonya Smith — were denied a rental townhouse along with their two children by a landlord who gave as a reason their “unique relationship,” they claimed in court.The Federal Fair Housing Act makes it unlawful to refuse to rent or sell housing to…

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Florida Real Estate News – Fair housing mission still vital today

Florida Real Estate News – The Fair Housing Act’s 49th anniversary is April 11; a South Florida Sun Sentinel opinion piece urges all to recognize that “Fair Housing Equals Opportunity.” Fair housing mission still vital today FORT LAUDERDALE, Fla. –  Forty-nine years ago this month, on April 11, 1968, President Lyndon Johnson signed the federal Fair Housing Act, which prohibited discrimination concerning the sale, rental and financing of housing based on race, religion, national origin, sex, handicap and family status. This important law also made it unlawful for a housing…

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Florida Real Estate News – Fla.’s housing market continues to see rising prices in Feb.

Florida Real Estate News – Tight supply still an issue: Single-family home median price up 12.5% year-to-year to $225,000 as sales stayed relatively flat. Condo median price up 11.7% to $167,500; sales up 4.1%. Total U.S. sales down 3.7% month-to-month, up 5.4% year-to-year. FLA.’S HOUSING MARKET CONTINUES TO SEE RISING PRICES IN FEB. Tight supply still an issue: Single-family home median price up 12.5% year-to-year to $225,000 as sales stayed relatively flat. Condo median price up 11.7% to $167,500; sales up 4.1%. Total U.S. sales down 3.7% month-to-month, up 5.4%…

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Florida Real Estate News – Fla.’s housing market: More sales, rising prices in Jan.

Florida Real Estate News – Fla.’s housing market: More sales, rising prices in Jan. ORLANDO, Fla. – Florida’s housing market reported more closed sales, higher median prices, increased pending sales and more new listings in January, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 16,779 last month, up 5.2 percent from January 2016. “Florida’s housing market continues to show positive momentum,” says 2017 Florida Realtors President Maria Wells, broker-owner with Lifestyle Realty Group in Stuart. “While existing inventory remains tight, Realtors across…

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Florida Real Estate News – Fla.’s housing market Median prices rise in Dec. 2016

Florida Real Estate News – Fla.’s housing market: Median prices rise in Dec. 2016 NAR: Existing-home sales slide in December, but 2016 hits 10-year high. ORLANDO, Fla. – Florida’s housing market had higher median prices and fewer all-cash sales in December, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 22,332 last month, up 0.8 percent from December 2015. “The trend of tight housing supply continued to have an impact on Florida’s housing market in December,” says 2017 Florida Realtors President Maria Wells,…

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Florida Real Estate News – Housing sentiment decreases for fifth month

Florida Real Estate News – Housing sentiment decreases for fifth month WASHINGTON – Fannie Mae’s latest Home Purchase Sentiment Index (HPSI) came in at 80.7 in December, marking a 0.5 percentage point decrease from November and its fifth consecutive monthly decline. “Despite the post-election bump in general consumer attitudes, a rapid rise in mortgage rate expectations has tamped down home purchase sentiment, at least in the near term,” says Doug Duncan, senior vice president and chief economist at Fannie Mae. “A spike in economic optimism in the immediate aftermath of…

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Florida Real Estate News – Broward housing market picks up pace during May report

Broward housing market picks up pace during May: report While much of South Florida’s housing market has struggled through a rough spring, May proved to be a bright spot for Broward County. Sales for both homes and condos spiked year-over-year, all while inventory held mostly steady, according to a new report from the Greater Fort Lauderdale Realtors association. A total of 1,671 single-family homes were sold in May, up 9.5 percent from the 1,526 sales made during May 2015. Sales for townhomes and condos … [more]

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