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Recent News
Home Sales, Prices Up in Sunshine State as Recovery Continues
Thursday, 26 July 2012 00:00

The organization’s report shows a 5.3 percent year-over-year increase in closed single-family home sales in the Sunshine State, while pending sales jumped up 31 percent. Year-to-date, closed and pending sales are up from 2011 by 2.3 percent and 19.3 percent, respectively.

Zillow: Home Values See Highest Monthly Increase Since 2006
Friday, 25 May 2012 00:00

According to the April Zillow Real Estate Market Reports, national home values rose 0.7 percent in April to a Zillow Home Value Index of $147,300. This is the largest monthly increase in home values since January 2006, and it makes April the second month in a row in which home values climbed up.

Home resales rise, boding well for economy
Tuesday, 22 May 2012 00:00

(Reuters) - The pace of sales for existing homes in April rose to its fastest in nearly two years and a falloff in foreclosures helped cause an unexpected jump in prices, hopeful signs for the country's economic recovery.

Home resales increased 3.4 percent to an annual rate of 4.62 million units last month, the National Association of Realtors said on Tuesday.

Housing has been one of the economy's weakest links as it recovers from the 2007-09 recession, but many economists think the sector will actually add to economic growth in 2012 for the first time since 2005.

Canuck investors help resurrect Florida market
Friday, 11 May 2012 00:00

While much of the U.S. real estate market remains on life support, some favorite spots for Canadian investors have started to show signs of life -- a few even garnering double-digit price gains in the first quarter.

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