Category: Housing Market Reports

New home production predicted to continue a gradual upward trajectory in the new year Fueled by a growing economy, solid employment gains and rising household formations, single family new home production will continue a gradual, upward trajectory in 2017, according to economists speaking at the National Association of Home… Read More

Buying vs Renting? Buying a home in most of Florida may be more affordable than you think Everything seems to be on the rise these days in the world of real estate: home prices, mortgage interest rates, even the number of buyers competing with you for the properties that… Read More

What fall slowdown? Today’s housing market is showing anything but the typical seasonal slowdown What fall slowdown? In many markets across the country, today’s housing market is showing anything but the typical seasonal slowdown. In fact, a report released by the National Association of Realtors® (NAR) finds just the… Read More

Orlando housing prices are predicted to rise by 6 percent in 2017 Orlando’s metro area ranked at number 7 for the most promising housing markets in 2017, according to a forecast released by Realtor.com on Wednesday. The forecast calls for a 5.7 percent increase in Orlando housing… Read More

October new home construction surged by the largest amount in 34 years Home construction soared last month as builders broke ground on the most new homes in nine years, a response to strong demand that should lift the economy. Home construction soared 25.5 percent to a seasonally adjusted 1.3 million… Read More

NAR’s 2017 residential real estate forecast predicts uptick in existing home sales The National Association of Realtors® (NAR) 2017 residential real estate forecast predicts a slight increase in existing-home sales next year as more millennials enter their prime home buying years, and rising household formation and continued job gains… Read More

First-time millennial homebuyers are poised to revolutionize the 2017 real estate market You want a real estate revolution? We’ve got you covered: next year, more than half of all homes will be bought by first-time home buyers, according to 2017 real estate market predictions by realtor.com. It’s a seismic shift from… Read More

NAR reports that first time buyers propelled existing-home sales higher in September Existing-home sales rebounded strongly in September, propelled by first-time buyer sales that reached a 34 percent share – a high not seen in over four years, according to the National Association of Realtors® (NAR). All major… Read More

With a tighter inventory, Orlando home buyers face a competitive market Orlando home buyers have had to make some quick decisions in this market. And while home buyers in the Orlando area may be able to get the price down slightly, competition is too tight for much price negotiation. According to a… Read More