April 2016

There are 5 blog entries for April 2016.

WASHINGTON — U.S. home prices continued their steady upward march in February as buyers competed for a limited number of available properties.

The Standard & Poor's/Case-Shiller 20-city home price index rose 5.4 percent that month compared with a year earlier, according to a report released Tuesday. That's down slightly from January's 5.7 percent rise.

Prices are rising even as sales have leveled off in recent months.  Read more>>

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The likelihood of home price declines across the United States over the next two years remains low at 5 percent, according to Spring 2016 Housing and Mortgage Market Review published by Arch Mortgage Insurance Company (Arch MI). For most of Florida, the risk is even lower.

Statewide, Florida's risk of a price decline over the next two years is only 2 percent in 24 Florida counties, including Miami-Dade and Broward. And the likelihood in a handful of other places, such as Palm Beach County, is only 3 percent.  Read more>>

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Orlando's homebuying season kicks off with a decline in inventory and an increase in median price

The traditional start to Orlando's homebuying season April 1 finds buyers continuing to grapple with a dwindling inventory that in March pushed home prices up 10 percent and restrained sales by 4 percent. Read more>>

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The proposed two-story building, which will be located at the intersection of Conroy-Windermere and Apopka-Vineland roads by The Grove shopping center, still includes both commercial and office space, along with what will be a drive-through coffee shop. Plans still include 15,000 square feet of retail space on the ground floor, but reduced the upstairs office space slightly from 16,500 to 16,000 square feet. READ MORE>>
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