Pending home sales in the U.S. increased in May 2019, a positive variation from the minor sales dip seen in the previous month. Three of the four major regions saw growth in contract activity, with the West experiencing a slight sales decline.
According to Orlando Regional Realtor Association, Orlando's key housing marketing indicators all posted positive gains in May 2019, with sales jumping 10 percent compared to the same month last year.
U.S. mortgage applications for new home purchases increased 20.1 percent compared from a year ago. Compared to April 2019, applications increased by 0.1 percent.
Nearly 43 million Americans will start their 2019 summer season with a Memorial Day weekend getaway. Orlando top vacation destination, followed by New York City and Las Vegas
According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes fell 6.7 percent to a seasonally adjusted annual rate of 673,000 units in April 2019 after a sharp upwardly revised March 2019 report.
According to Florida Realtors, Florida's housing market reported more sales, higher median prices and increased inventory (active listings) in April 2019 compared to a year ago.
Total U.S. housing starts rose 5.7 percent in April 2019 to a seasonally adjusted annual rate of 1.24 million units from an upwardly revised reading in March 2019.
Orlando's housing market saw its inventory of available homes rise for the sixth consecutive month in April, while both year-over-year median price and sales each dipped by about 2 percent.
According to the latest housing data by Florida Realtors, Florida's housing market reported higher median prices and rising inventory during the first quarter of 2019.
Based on new data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending May 3, 2019, mortgage applications in the U.S. increased 2.7 percent from one week earlier.
A total of 161,875 U.S. properties with a foreclosure filing during the first quarter of 2019, down 23 percent from the previous quarter and down 15 percent from a year ago to the lowest level since Q1 2008.
According to ATTOM Data Solutions 2018 property tax analysis of more than 87 million U.S. single family homes, property taxes levied on single family homes in 2018 totaled $304.6 billion, up 4 percent from $293.4 billion in 2017.
Florida's housing market reported higher median prices and increased inventory (active listings) in February 2019 compared to a year ago. Sales of single-family homes statewide totaled 18,966 last month, up 1.9 percent compared to February 2018.
According to the Orlando Regional Realtor Association, Orlando's housing market saw its median price continue a years-long upward trek with an economically healthy 3 percent year-over-year increase in February 2019.
According to the latest National Association of Home Builders/Wells Fargo Housing Market Index, U.S. builder confidence in the market for newly-built single-family homes held steady at 62 in March 2019.
The U.S. Department of Housing and Urban Development and the U.S. Census Bureau data for January 2019 new home sales indicates an increasing demand for U.S. homes sold under the $400,000 price range.
The Florida Realtor Association is reporting that Florida home sales of single-family homes statewide totaled 15,526 last month, down 6.2 percent compared to January 2018.