Tag: brad o’connor

In July, Florida’s housing market reported higher median prices, more new listings and a rise in all-cash sales compared to a year ago, according to Florida Realtors' latest housing data. “In a positive sign for...

Florida’s housing market continued to show strong gains in the second quarter with more closed sales, rising median prices and more new listings compared to that period 2020, according to the latest housing data...

Amid increased COVID-19 vaccinations and hopeful signs for the future, Florida’s housing market in February reported more closed sales, higher median prices, more new pending sales and increased pending inventory in February 2021 compared to a year ago, according to Florida Realtors latest housing data.

Single-family existing home sales rose 22.9 percent compared to a year ago.

“On the heels of a weak spring buying season brought about by the COVID-19 pandemic, closed sales of existing homes surged throughout the U.S. in the third quarter of 2020, and Florida was no exception,” O’Connor said. “And while the release of pent-up demand from spring certainly played a major role in this resurgence, it’s likely that the most important driving factor has been the record-low mortgage rates we’ve been experiencing.”

Florida’s housing market reported more closed sales, more new pending sales, higher median prices and more new listings in August compared to a year ago despite the ongoing pandemic, according to Florida Realtors’ latest housing data. 

Florida’s housing market reflected the impact of coronavirus pandemic and economic turmoil in the second quarter of 2020, particularly during April and May: higher median prices and more pending inventory, but fewer closed sales and fewer new listings compared to the second quarter of 2019, according to the latest housing data from Florida Realtors.