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Home Sales in Florida Rebound in August
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
Home Sales in Florida Rebound in August
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
Home Sales in Florida Rebound in August

September 24, 2012 (Chris Moore)

Monthly sales of existing single-family homes and condominiums gained traction in Florida during August following two consecutive months of declines according to the latest data from the Florida Realtors®.

An estimated total of 27,436 existing single-family homes and condos were sold in the Sunshine State in August. That was 8.9 percent higher than the 25,199 homes sold in July and 9.1 percent higher than the 25,140 homes sold in August 2011.

Existing single-family homes accounted for 18,669 of the total sales in August. That was 7.2 percent higher than the 17,420 homes sold in July and 10.8 percent higher than the 16,844 homes sold in August 2011.

The median sales price for an existing single-family home in Florida fell 0.7 percent to $147,000 from $148,000 in July but was still 5.8 percent higher than the median price of $139,000 in August of 2011.

The inventory of single-family homes for sale fell from 100,657 in July to 99,677 in August and was still drastically lower than at the same time last year when there were 147,162 single-family homes on the market, a decline of 32.3 percent.

There was a 5.3 months supply of homes available for sale, unchanged from the previous month, and down from an 8.9 months supplies in August of last year. On average, a single-family home in Florida took 60 days to sell in August, unchanged from July and down from 72 days a year ago.

John Tuccillo, Florida Realtors Chief Economist, stated, “Florida’s housing market is still reviving. Everything that should be going up is going up, and everything that should be going down is going down. After the six years of turmoil that we had, it’s good to see the trends strongly moving in the right direction. We’re hurting for inventory, but it’s possible that the improving conditions will lure more sellers into the market and mitigate the housing inventory crunch.”

Condominium sales accounted for 8,767 of the total sales in August, up 12.7 percent from 7,779 sales in July and 5.7 percent higher than the 8,296 units sold in August of 2011.

The median sales price for a condo in August was $102,980, which was 1.0 percent higher than the $102,000 median sales price in July and was 13.2 percent higher than the $91,000 median sales price for a condo in August of last year.

The number of condominiums and townhomes for sale was also significantly lower than last year with 50,588 units on the market compared to 78,973 in August of last year, a decline of 35.9 percent. In July there were 51,562 condos and townhomes listed for sale.

There was a 5.3 month’s supply of units on the market compared to a 5.4 months supply in July. A year ago there was an 8.7 months supply of condos and townhomes.

On average, condo’s in Florida took 62 days to sell in August, up from 60 days in July and down from 74 days in August of last year.

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

Source:
Florida Realtors®

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.
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.
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 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.
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A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
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BUYING OR SELLING A HOME IS A BIG DECISION
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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 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.
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THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

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September 24, 2012 (Chris Moore)

Monthly sales of existing single-family homes and condominiums gained traction in Florida during August following two consecutive months of declines according to the latest data from the Florida Realtors®.

An estimated total of 27,436 existing single-family homes and condos were sold in the Sunshine State in August. That was 8.9 percent higher than the 25,199 homes sold in July and 9.1 percent higher than the 25,140 homes sold in August 2011.

Existing single-family homes accounted for 18,669 of the total sales in August. That was 7.2 percent higher than the 17,420 homes sold in July and 10.8 percent higher than the 16,844 homes sold in August 2011.

The median sales price for an existing single-family home in Florida fell 0.7 percent to $147,000 from $148,000 in July but was still 5.8 percent higher than the median price of $139,000 in August of 2011.

The inventory of single-family homes for sale fell from 100,657 in July to 99,677 in August and was still drastically lower than at the same time last year when there were 147,162 single-family homes on the market, a decline of 32.3 percent.

There was a 5.3 months supply of homes available for sale, unchanged from the previous month, and down from an 8.9 months supplies in August of last year. On average, a single-family home in Florida took 60 days to sell in August, unchanged from July and down from 72 days a year ago.

John Tuccillo, Florida Realtors Chief Economist, stated, “Florida’s housing market is still reviving. Everything that should be going up is going up, and everything that should be going down is going down. After the six years of turmoil that we had, it’s good to see the trends strongly moving in the right direction. We’re hurting for inventory, but it’s possible that the improving conditions will lure more sellers into the market and mitigate the housing inventory crunch.”

Condominium sales accounted for 8,767 of the total sales in August, up 12.7 percent from 7,779 sales in July and 5.7 percent higher than the 8,296 units sold in August of 2011.

The median sales price for a condo in August was $102,980, which was 1.0 percent higher than the $102,000 median sales price in July and was 13.2 percent higher than the $91,000 median sales price for a condo in August of last year.

The number of condominiums and townhomes for sale was also significantly lower than last year with 50,588 units on the market compared to 78,973 in August of last year, a decline of 35.9 percent. In July there were 51,562 condos and townhomes listed for sale.

There was a 5.3 month’s supply of units on the market compared to a 5.4 months supply in July. A year ago there was an 8.7 months supply of condos and townhomes.

On average, condo’s in Florida took 62 days to sell in August, up from 60 days in July and down from 74 days in August of last year.

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

Source:
Florida Realtors®

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.
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.
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 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.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
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 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

September 24, 2012 (Chris Moore)

Monthly sales of existing single-family homes and condominiums gained traction in Florida during August following two consecutive months of declines according to the latest data from the Florida Realtors®.

An estimated total of 27,436 existing single-family homes and condos were sold in the Sunshine State in August. That was 8.9 percent higher than the 25,199 homes sold in July and 9.1 percent higher than the 25,140 homes sold in August 2011.

Existing single-family homes accounted for 18,669 of the total sales in August. That was 7.2 percent higher than the 17,420 homes sold in July and 10.8 percent higher than the 16,844 homes sold in August 2011.

The median sales price for an existing single-family home in Florida fell 0.7 percent to $147,000 from $148,000 in July but was still 5.8 percent higher than the median price of $139,000 in August of 2011.

The inventory of single-family homes for sale fell from 100,657 in July to 99,677 in August and was still drastically lower than at the same time last year when there were 147,162 single-family homes on the market, a decline of 32.3 percent.

There was a 5.3 months supply of homes available for sale, unchanged from the previous month, and down from an 8.9 months supplies in August of last year. On average, a single-family home in Florida took 60 days to sell in August, unchanged from July and down from 72 days a year ago.

John Tuccillo, Florida Realtors Chief Economist, stated, “Florida’s housing market is still reviving. Everything that should be going up is going up, and everything that should be going down is going down. After the six years of turmoil that we had, it’s good to see the trends strongly moving in the right direction. We’re hurting for inventory, but it’s possible that the improving conditions will lure more sellers into the market and mitigate the housing inventory crunch.”

Condominium sales accounted for 8,767 of the total sales in August, up 12.7 percent from 7,779 sales in July and 5.7 percent higher than the 8,296 units sold in August of 2011.

The median sales price for a condo in August was $102,980, which was 1.0 percent higher than the $102,000 median sales price in July and was 13.2 percent higher than the $91,000 median sales price for a condo in August of last year.

The number of condominiums and townhomes for sale was also significantly lower than last year with 50,588 units on the market compared to 78,973 in August of last year, a decline of 35.9 percent. In July there were 51,562 condos and townhomes listed for sale.

There was a 5.3 month’s supply of units on the market compared to a 5.4 months supply in July. A year ago there was an 8.7 months supply of condos and townhomes.

On average, condo’s in Florida took 62 days to sell in August, up from 60 days in July and down from 74 days in August of last year.

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

Source:
Florida Realtors®

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
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.
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.
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 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.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
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 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