Investment, vacation home sales up
Sales of investment and vacation homes jumped during the last months, with the combined market share rising to the highest level since 2005.
NAR’s 2012 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions, shows investment-home sales surged 64.5 percent.
Vacation-home sales rose 7.0 percent to 502,000. Owner-occupied purchases fell 15.5 percent to 2.78 million.
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Immannews.com published a list of the top 10 real estate markets for $1M-plus home searches. Miami came in 3rd place with 4.8% of home searches in that price range.
Los Angeles-Long Beach dominated the search locations, with 16.1 percent of total searches at Realtor.com in January. Orange County was a distant second with 6.3 percent of [...]
Analysis of Sarasota 2011 10 most pricey home sales.
The recent 2011 Sarasota most precisions home sales are out and Axel Weiss from Sea to Sky Realty, the international Sarasota Real Estate firm has analyzed the situation from an investor’s and broker’s standpoint.
Blog: Mr. Weiss, do you see any surprises in the sales shown?
Axel Weiss: The [...]
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Pristine Howey-in-the-Hills is a rural village located on the shoreline of Little Lake Harris. It is secluded from, yet convenient to, the best of Orlando’s attractions and both of Florida’s coasts.
It is a delightful, quiet, safe and well-kept community that offers family focused [...]
South Florida is already the nation’s epicenter for residential real estate sales to foreign buyers, and experts said Monday that they expect those international sales to be even stronger in 2012.
“You have a unique opportunity for the next few years,” Moe Veissi, the president-elect of the National Association of Realtors®, told more than 200 people [...]
Closed sales, pending sales, median prices and average prices rose in Florida’s housing market in November, while the inventory of homes and condos for sale shrunk, according to the latest housing data released by Florida Realtors®.
Statewide closed sales of existing single-family homes totaled 17,072 in November, up 24.4 percent compared to the year-ago figure, according [...]