Florida Home Sales Drop in December

New single-family home sales fell in December, posting an annual rate of 536,000, 10.4 percent below the prior month’s figure, according to the U.S. Census Bureau and the Department of Housing.

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The median home value in Florida is $237,900. Florida home values have gone up 4.4% over the past year and Zillow predicts they will rise 3.2% within the next year. The median list price per square foot in Florida is $166.

Florida’s home sales ended December on a down note, according to new data from Florida Realtors. Last month, the Sunshine State was 20,633 single-family home sales, 9.9 percent less than one year earlier.

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It’s almost impossible to close a financed transaction in December if the offer is received mid-month. Buyers who want to close after the New Year will probably make offers in January. If you remove your home from the market, it can return as a brand new listing in January, thereby drawing more traffic because it’s fresh and exciting.

Caught on camera: Man struggles to take large box in porch piracy gone wrong A delivery driver has been caught. the front porch of the property carrying two parcels. At the foot of the stairs, the courier throws the smaller package up at the front door, which bounces out of.

July’s housing market report paints a rosier picture of home prices for sellers. Home Prices rose while supply is heading downward. That could predict higher home prices. Builders sentiment is improving which could add new home supply for 2020. See the stats, charts and expert opinions about the US housing market.

The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.

December 28: The November U.S. Commerce Department’s "stunningly weak report" released on December 28, 2007 show that year-to-year decreases in both U.S. home sales and home prices is accelerating rather than bottoming out due to "eminently rational behaviour" based on "a psychological point where expectations of future price declines have.

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Economists surveyed by The Wall Street Journal had expected pending home sales would rise 0.6% in December from the prior month. home sales typically close within a couple months after signings..

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