Category: Market Update

We have seen 14 straight months of home price growth across the country, but this trend finally slowed down in the month of September. An indicator that the market is beginning to normalize, this deceleration is largely expected. Needless to say, this is welcomed news for prospective home buyers. What the data shows The latest CoreLogic Case-Shiller… Continue reading Home prices are rising but at a slower pace

As the leaves drop, so do home prices according to a recent report from ATTOM Data Solutions. Analyzing data over a seven-year period from 2013 to 2020, the report found that in October, people paid an average of 2.9% over the median automated appraisal price of a given home. By comparison, the most expensive month… Continue reading Does a drop in temperature = a drop in home prices?

According to the latest national housing trends report we now have a clearer picture of the most common home buyer demographics. While many of you may be thinking this information is mainly for curious real estate professionals, it actually can be quite helpful for sellers in particular. As a real estate brokerage, we always pay… Continue reading The 2021 home buyer profile report

According to data from the National Association of Realtors®, foreign purchases of U.S. homes plummeted from April 2020 to March 2021. Compared to the previous year, sales were down by 27% to $54.4 billion. However, the U.S. recently lifted travel bans for 33 countries including some in the European Union, the United Kingdom, China, Canada, Mexico, Brazil and India. For many of these foreign home buyers, the lack of inventory and… Continue reading An international push for Florida real estate?

Closed sale prices in the last 3 months for condos and townhomes in Highland Beach, with 2,500 living square feet or more, range from $1.01 million up to $6.995 million… Currently, there are 10 condos and townhouses for sale with 2,500 living sf or more. Asking prices range from $923,500 up to $7.5 million. Contact… Continue reading Highland Beach Recent Condo Townhouse Sales

The final Florida housing data is in for the month of September. Although the month has changed, a lot has remained the same. The consistent themes continue to be a low inventory of homes for sale, increased buyer demand, and rising prices. However, there is a silver lining for home buyers as the rate of… Continue reading Florida’s housing market: September snapshot