A tale of two markets: South Florida home sales up, condos fall

To be sure, the housing market. two trends–a slower household formation growth due to less affordability in many places, and the slight improvement in the share of rent-burdened households. It’s.

Orlando Senator files four foreclosure bills, calling Florida’s No. 1 ranking ‘shameful’ | Naked Politics Orlando ranks among nation's worst for income, says recent Census. – According to the Census Bureau’s recently released American Community Survey, Orlando has a median household income of $52,385, which makes it the third worst city among the country’s top 25 metropolitan areas. Just two other cities have lower median household incomes and, of course.

He left with three, paying $300,000 and $500,000 for condos in two Miami. Brazilians to South Florida in search of bargain vacation homes and property investments. That’s helping bolster Miami’s.

Six months ago, we reported that the mismatch between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets.. In the starter and trade-up home categories, there were significantly more buyers than there were homes for sale, causing a seller’s market.

 · Tags: real estate, housing market, home prices, new home sales, existing home sales, pending home sales, housing, renting Devon Thorsby is the real estate editor at U.S. News & World Report, where she writes consumer-focused articles about the homebuying and selling process, home improvement, tenant rights and the state of the housing market.

“Diane Whitney, 55, put her san jose condo up for sale in early July, hoping to cash out at the peak of the market and use her windfall to buy a cheaper home outright in Oregon or Washington. Two months later, after dropping the price $45,000, Whitney worries she missed the peak.

 · Analysts aren’t too concerned about the Canadian real estate market in 2018.. actual home sales) will fall 5.3% in 2018.. for cheaper properties-possibly driving up the prices of condos.

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There are so many two-bedroom condos in gated communities with golf courses, private pools and rustic jogging paths that you can pick one up for $25,000, 66 percent off the price five years ago.

 · During 2009 and 2010 Canadians bought a lot of Florida real estate, all at the bottom of the market. When I started reading about the economy going bad in Canada, on this blog, I knew the Canadians in Florida would begin dumping properties. In the last two years the south florida real estate market was very hot.

They were still outside when four police cars pulled up. real-estate markets – and among its least affordable cities. "In Silicon Valley, they make technology," says local real-estate expert Peter.