South Florida Inventory Search

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Thursday, November 7, 2013

Florida’s housing market continues upswing in 3rd Q 2013

Fla.’s housing market continues upswing in 3Q 2013
“What’s remarkable for the third quarter data is that all metro areas in Florida show year-over-year increases in both prices and sales for single-family homes, and year-over-year increases in sales for condo-townhome properties,” says Florida Realtors Chief Economist Dr. John Tuccillo.

Friday, October 25, 2013

Investors bought 14% of U.S. homes in Sept.

• Among metro areas with a population of 1 million or more, those with the highest percentage of all-cash sales were Miami (69 percent), Tampa, Fla. (62 percent), Jacksonville, Fla. (62 percent), Las Vegas (62 percent), Orlando, Fla., (59 percent), Atlanta (54 percent), Cleveland (51 percent), and Memphis, Tenn. (51 percent).
Investors bought 14% of U.S. homes in Sept.

More home loans require smaller downpayments

More home loans require smaller downpayments

Friday, September 6, 2013

Jumbo loans cheaper than conventional for first time

Jumbo loans cheaper than conventional for first time. Two years ago, jumbo loan borrowers were paying a substantial premium over smaller loan borrowers, this change is positive for the higher price ranges.

Tuesday, August 20, 2013

The housing bust missed rents in South Florida

The housing bust missed rents in South Florida A comment about this post: Many of these national studies utilize data from the previous 12 months and offer a rear-view mirror analysis. In the past year, sales prices have increased more than rent prices, so the market is more balanced. EB

Tuesday, April 9, 2013

Value of homes from 1890 to 2012 if paid in gold ounces

Here's a very interesting chart courtesy of Shiller, posted in the blog "Priced in Gold". And here's what I think the chart is telling you: If you own gold, sell it and buy real estate, only twice in 120 years you bought so much real estate with so little gold.