Housing Market Competition in U.S. Eases This Summer

Based on new data from national property broker Redfin, after years of tipping heavily in sellers' favor, the scales of the U.S. housing market are finally balancing out.

Florida's Statewide Median Home Price Spiked 21 Percent Annually in March

According to Florida Realtors' latest statewide housing data, the severe lack of housing inventory, rising mortgage rates and home prices continued to impact Florida's housing market in February, slowing closed sales and pushing median prices to increase compared to a year ago.

U.S. Pending Home Sales Jump 7.5 Percent in October

Contract activity rose month-over-month in each of the four major U.S. regions. On a year-over-year basis, however, transactions were split, as two regions reported drops and two others posted gains.

941,392 U.S. Homes at Risk of Storm Surge Damage from Hurricane Ida

According to new data from CoreLogic -- Hurricane Ida -- which is expected to be a major landfall hurricane on Sunday August 29, 2021, with a projected Category 4 status, is poised to leave billions of dollars of property damage in its wake from storm surge.

Pensacola Property News

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