Skip to main content

More New Listings in Florida Housing

Phil Hall
Sep 21, 2018
For the second consecutive month, the Florida housing market has seen an increase in new listings, according to data from Florida Realtors

For the second consecutive month, the Florida housing market has seen an increase in new listings, according to data from Florida Realtors.
“New listings for existing single-family homes rose 6.6 percent compared to a year ago and new listings for condo-townhouse properties increased 4.1 percent from last August,” said 2018 Florida Realtors President Christine Hansen, Broker-Owner with Century 21 Hansen Realty in Fort Lauderdale. “At the same time, the median time for a sale to go to contract is getting shorter: For single-family homes, it was 36 days, down 2.7 percent; for condo-townhouse properties, it was 46 days, down 6.1 percent.”
Also increasing were property prices. The statewide median sales price for single-family existing homes was $254,290, up 6 percent from last year, while the median price for condo-townhouse units was $185,000, up 8.8 percent over the year-ago figure. August marked the 80th consecutive month of annualized increases in the statewide median sales prices for both single-family homes and condo-townhouse properties.
Sales of single-family homes statewide totaled 26,273 last month, up 4.2 percent compared to August 2017, while statewide closed sales of condo-townhouse unites totaled 10,365, up 6.6 percent compared to a year ago.

Sep 21, 2018
Freedom Mortgage Earns Upgraded Outlook From KBRA

Strong servicing revenues and efficient cost-cutting measures highlighted; however, concerns raised over lack of hedging on substantial MSR investments.

Oct 04, 2023
Rithm Capital To Acquire Specialized Loan Servicing LLC

Transaction grows Newrez’s third-party servicing business to $180 billion.

Oct 03, 2023
Rocket Pro TPO Takes the Lead With Early Loan Limit Increase

EVP Mike Fawaz underscores the move's competitive edge, marking the firm's second consecutive year ahead of FHFA's anticipated adjustments.

Oct 02, 2023
Congress Passes Legislation To Extend National Flood Insurance Amid Shutdown Concerns

The move ensures continued flood insurance coverage, essential for many homeowners in high-risk flood areas, during peak hurricane season.

Oct 01, 2023
Equity Prime Mortgage Launches To Recruit Loan Officers

EPM aims to transform 4,000 retail loan officers into loan originators, emphasizing the growing benefits of the wholesale sector in the housing market.

Oct 01, 2023
Fannie Mae Introduces Spanish-Language Homebuyer Education Program

The new platform, HomeView en Español, aims to bridge language barriers hindering Hispanic-Americans from purchasing homes..

Sep 29, 2023