Tag Archives: Tampa

Waning buyer activity pushes home price growth to 2-year low

By | | Uncategorized
Comments Off on Waning buyer activity pushes home price growth to 2-year low

Sixty percent of the nation’s largest markets saw home prices slip from May to June, with the largest drop happening in Washington, D.C., due to federal layoffs. Continue reading →

Mortgage rates are coming down. Does the trend have any legs?

By | | Uncategorized
Comments Off on Mortgage rates are coming down. Does the trend have any legs?

Hopes that home sales will pick up may hinge more on additional inventory coming onto the market, which is expected to cool or reverse home price gains. Continue reading →

2 Americas: Housing markets the Great Rebalancing has left behind

By | | Uncategorized
Comments Off on 2 Americas: Housing markets the Great Rebalancing has left behind

The market has undeniably shifted from the extreme seller’s environment of the early pandemic. But in much of the U.S., buyers still face substantial inventory constraints, an Intel analysis shows. Continue reading →

Some markets look vulnerable as home price appreciation cools

By | | Uncategorized
Comments Off on Some markets look vulnerable as home price appreciation cools

Experts polled by Fannie Mae expect national home prices to keep climbing, but see Austin, Tampa, Dallas, Denver, Houston, Miami and Phoenix as markets most likely to see price declines. Continue reading →

Luxury home values have hit $1.8M, bucking the spring slowdown

By | | Uncategorized
Comments Off on Luxury home values have hit $1.8M, bucking the spring slowdown

A new report from Zillow shows that luxury home values rose 2.7 percent over the past year, with the typical luxury home now valued at around $1.8 million. In some high-demand cities, like New York, Los Angeles, San Diego and San Francisco, luxury home… Continue reading →

US inventory exceeds 1M homes for first time in 6 years

By | | Uncategorized
Comments Off on US inventory exceeds 1M homes for first time in 6 years

Metro areas with the greatest gains in inventory are those that continued to build during and shortly after the COVID-19 pandemic, while those that did not still lag behind pre-pandemic levels. Continue reading →

Home price growth rose seasonally in March, but continues to slow

By | | Uncategorized
Comments Off on Home price growth rose seasonally in March, but continues to slow

The S&P CoreLogic Case-Shiller National Home Price NSA Index rose by 3.4 percent on an annual basis in March and the Federal Housing Finance Agency’s Home Price Index rose 4 percent. Continue reading →

Home prices climbed in February — but the momentum is cooling

By | | Uncategorized
Comments Off on Home prices climbed in February — but the momentum is cooling

The FHFA HPI and S&P CoreLogic Case-Shiller Indices posted a 3.9% annual increase in February, according to data released Tuesday. While that marks another year of gains, the data shows that price growth has moderated. Continue reading →

Patrick Carroll evades prosecution with mental health counseling

By | | Uncategorized
Comments Off on Patrick Carroll evades prosecution with mental health counseling

The multifamily investor has agreed to undergo mental health counseling and, in doing so, will not be prosecuted on felony charges by the LA County District Attorney’s Office, according to a pretrial hearing last week. Continue reading →

Concessions surge as homesellers offer sweeter deals in sour markets

By | | Uncategorized
Comments Off on Concessions surge as homesellers offer sweeter deals in sour markets

In the first quarter of the year, 44.4 percent of homesellers included concessions in their deals, just shy of the record 45.1 percent seen at the start of 2023, according to new data released Monday by Redfin. Continue reading →