Sarasota
Real Estate News

Florida Home Prices, Sales Continue to Rise in April

Florida Home Prices, Sales Continue to Rise in April

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. Read More »


Florida Home, Condo Sales Slow in Early 2019

Florida Home, Condo Sales Slow in Early 2019

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. Read More »

Florida Statewide Home Sales Dip 6 Percent in Early 2019

Florida Statewide Home Sales Dip 6 Percent in Early 2019

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. Read More »

Florida Home Prices and Inventory Continued to Rise in 2018

Florida Home Prices and Inventory Continued to Rise in 2018

According to the latest housing data from Florida Realtors, Florida's housing market reported higher median prices and increased inventory (active listings) in December 2018 compared to a year ago. Read More »


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Global Property Spotlight

The Landings - (St. Lucia, West Indies)

The Landings - (St. Lucia, West Indies)

While investors in Sunbelt real estate have watched their property values slip and slide over the past year, those who discovered the tiny island of St. Lucia have smiles on their faces. Read More »

Last Updated May 22, 2019 8:22 AM ET

Sarasota Property News

Orlando held steady in 2018 as the #2 destination of choice for Florida's international homebuyers. Nine percent of all of Florida's international homebuyers opted to purchase a property in Orlando.

Florida's housing market reported more closed sales, rising median prices and more new listings in October 2018 compared to a year ago. Sales of single-family homes statewide totaled 22,272 last month, up 8.5 percent compared to October 2017.

Florida's housing market had more sales, higher median prices, more pending sales and more new listings in 3Q 2018. Closed sales of single-family homes statewide totaled 72,843 in 3Q 2018.

Over 57,002 homes in the Florida Gulf Coast with a reconstruction cost value (RCV) of approximately $13.4 billion are at potential risk of storm surge damage from Hurricane Michael.

According to AAA, more than 41.5 million Americans will travel this 2018 Memorial Day weekend, nearly 5 percent more than last year and the most in more than a dozen years.

According to the Florida Association of Realtors, Florida's housing market reported slightly more new listings and higher median prices during the first quarter of 2018.

According to the National Association of Home Builders (NAHB) 55+ Housing Market Index (HMI) which was released this week show that U.S. builder confidence in the single-family 55+ housing market continued to be positive in the third quarter of 2017.

Nearly 1.4 million (1,367,793) U.S. residential properties (1 to 4 units) were vacant as of the end of the third quarter of 2017 -- representing 1.58 percent of all U.S. residential properties.

Preliminary property loss estimates in Florida from Hurricane Irma, total insured and uninsured loss for both residential and commercial properties, including damage from both flood and wind, is estimated to be between $42.5 billion and $65 billion.

According to the National Association of Home Builders/First American Leading Markets Index, nearly 300 U.S. housing markets posted an increase in economic and housing activity.

According to ATTOM Data Solutions' Q1 and March 2017 U.S. Foreclosure Market Report, which shows first quarter foreclosure activity was below pre-recession levels nationwide and in 102 out of 216 metropolitan statistical areas (47 percent) analyzed in the report.

According to the National Association of Realtors, U.S. pending home sales expanded in most of the country in July 2016, and reached their second highest reading in over a decade. Only the Midwest saw a dip in contract activity last month.

Sales of newly built, single-family homes in the U.S. rose 3.5 percent in June 2016 from an upwardly revised May 2016 reading to a seasonally adjusted annual rate of 592,000 units.

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending June 24, 2016, U.S. mortgage applications decreased 2.6 percent from one week earlier.

268,000 U.S. homeowners regained positive equity in Q1 2016, bringing the total number of mortgaged residential properties with equity at the end of Q1 2016 to approximately 46.7 million.

Nearly 1.4 million (1,398,046) U.S. residential properties (1 to 4 units) representing 1.6 percent of all residential properties were vacant as of May 2016, up 2.7 percent from the previous quarter when 1,361,628 U.S. residential properties were vacant.

According to Irvine, Ca-based RealtyTrac's First Quarter 2016 U.S. Foreclosure Market Report, foreclosure activity in the U.S. was below pre-recession levels in 78 out of 216 U.S. metropolitan statistical areas (36 percent).

Cash sales accounted for 33.4 percent of total home sales in December 2015 and 33.9 percent of total home sales for the full year 2015


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