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Fourth Quarter Home Sales in Florida Improve Over Last Year’s
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Fourth Quarter Home Sales in Florida Improve Over Last Year’s
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Fourth Quarter Home Sales in Florida Improve Over Last Year’s

February 13, 2012 (Shirley Allen)

Sales of existing homes and condominiums in Florida followed seasonal trends and declined from the third quarter of 2011 to the fourth quarter but continued to show improvement compared to a year ago according to the latest data from the Florida Realtors®.

An estimated total of 60,596 existing homes and condos were sold in the Sunshine State in the fourth quarter. That was 9.7 percent lower than the 67,142 homes sold in the third quarter but still 6.0 percent higher than the 57,277 homes sold in the fourth quarter of 2010.

Existing single-family homes accounted for 42,038 of the total sales in the fourth quarter. That was 10.0 percent lower than the 46,759 homes sold in the third quarter but 6.8 percent higher than the 39,355 homes sold in the same quarter in 2010.

The median sales price for an existing single-family home in Florida fell 2.9 percent to $132,000 from $136,000 during the quarter and was 1.0 percent lower than the median price of $133,400 in the fourth quarter of 2010.

John Tuccillo, Florida Realtors Chief Economist, stated, “The quarterly numbers continue to show the steady improvement of the housing market in Florida. The upward movement in sales has been pretty much across the state. Prices have stabilized, and in general, the state’s economy is improving. With that improvement, we expect continued growth in housing activity.”

Condominium sales accounted for 18,558 of the total sales in the fourth quarter, down 8.9 percent from 20,383 sales in the third quarter but still 3.5 percent higher than the 17,922 units sold in fourth quarter of 2010.

The median sales price for a condo in the fourth quarter was $88,800, which was 0.9 percent lower than the $89,600 median sales price in the third quarter but 5.2 percent higher than the $84,400 median sales price for a condo in the fourth quarter of last year.

For all of 2011, there were a total of 273,502 existing single-family homes and condos sold in Florida, 10.0 percent higher than the 248,671 homes sold in 2010. It was the third consecutive year that yearly home sales surpassed the previous year’s total.

Tags: existing homes, condos, sales, median home prices, florida

Source:
Florida Realtors®

INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

February 13, 2012 (Shirley Allen)

Sales of existing homes and condominiums in Florida followed seasonal trends and declined from the third quarter of 2011 to the fourth quarter but continued to show improvement compared to a year ago according to the latest data from the Florida Realtors®.

An estimated total of 60,596 existing homes and condos were sold in the Sunshine State in the fourth quarter. That was 9.7 percent lower than the 67,142 homes sold in the third quarter but still 6.0 percent higher than the 57,277 homes sold in the fourth quarter of 2010.

Existing single-family homes accounted for 42,038 of the total sales in the fourth quarter. That was 10.0 percent lower than the 46,759 homes sold in the third quarter but 6.8 percent higher than the 39,355 homes sold in the same quarter in 2010.

The median sales price for an existing single-family home in Florida fell 2.9 percent to $132,000 from $136,000 during the quarter and was 1.0 percent lower than the median price of $133,400 in the fourth quarter of 2010.

John Tuccillo, Florida Realtors Chief Economist, stated, “The quarterly numbers continue to show the steady improvement of the housing market in Florida. The upward movement in sales has been pretty much across the state. Prices have stabilized, and in general, the state’s economy is improving. With that improvement, we expect continued growth in housing activity.”

Condominium sales accounted for 18,558 of the total sales in the fourth quarter, down 8.9 percent from 20,383 sales in the third quarter but still 3.5 percent higher than the 17,922 units sold in fourth quarter of 2010.

The median sales price for a condo in the fourth quarter was $88,800, which was 0.9 percent lower than the $89,600 median sales price in the third quarter but 5.2 percent higher than the $84,400 median sales price for a condo in the fourth quarter of last year.

For all of 2011, there were a total of 273,502 existing single-family homes and condos sold in Florida, 10.0 percent higher than the 248,671 homes sold in 2010. It was the third consecutive year that yearly home sales surpassed the previous year’s total.

Tags: existing homes, condos, sales, median home prices, florida

Source:
Florida Realtors®

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

February 13, 2012 (Shirley Allen)

Sales of existing homes and condominiums in Florida followed seasonal trends and declined from the third quarter of 2011 to the fourth quarter but continued to show improvement compared to a year ago according to the latest data from the Florida Realtors®.

An estimated total of 60,596 existing homes and condos were sold in the Sunshine State in the fourth quarter. That was 9.7 percent lower than the 67,142 homes sold in the third quarter but still 6.0 percent higher than the 57,277 homes sold in the fourth quarter of 2010.

Existing single-family homes accounted for 42,038 of the total sales in the fourth quarter. That was 10.0 percent lower than the 46,759 homes sold in the third quarter but 6.8 percent higher than the 39,355 homes sold in the same quarter in 2010.

The median sales price for an existing single-family home in Florida fell 2.9 percent to $132,000 from $136,000 during the quarter and was 1.0 percent lower than the median price of $133,400 in the fourth quarter of 2010.

John Tuccillo, Florida Realtors Chief Economist, stated, “The quarterly numbers continue to show the steady improvement of the housing market in Florida. The upward movement in sales has been pretty much across the state. Prices have stabilized, and in general, the state’s economy is improving. With that improvement, we expect continued growth in housing activity.”

Condominium sales accounted for 18,558 of the total sales in the fourth quarter, down 8.9 percent from 20,383 sales in the third quarter but still 3.5 percent higher than the 17,922 units sold in fourth quarter of 2010.

The median sales price for a condo in the fourth quarter was $88,800, which was 0.9 percent lower than the $89,600 median sales price in the third quarter but 5.2 percent higher than the $84,400 median sales price for a condo in the fourth quarter of last year.

For all of 2011, there were a total of 273,502 existing single-family homes and condos sold in Florida, 10.0 percent higher than the 248,671 homes sold in 2010. It was the third consecutive year that yearly home sales surpassed the previous year’s total.

Tags: existing homes, condos, sales, median home prices, florida

Source:
Florida Realtors®

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

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