“New Bubble” Talk, Premature
That was fast. A little over two years ago, we declared that housing had not only bottomed, but was about to start its first real growth spurt since the bubble. While some agreed, others expressed polite disagreement or, in some cases, incredulity. Read the rest of this entry
Whispering Palms – Fort Myers, FL 33913
Just announced, Pulte is now building in Whispering Palms! Perfectly located off Colonial Boulevard, less than one mile east of I-75, Whispering Palms includes 34 new Bedford II paired villa homesites. This gated community offers lake and preserve views and includes a neighborhood pool and spa. Read the rest of this entry
U.S. home construction hits highest pace in 5 years
U.S. builders broke ground on homes at the fastest pace in more than five years, strong evidence that the housing recovery is accelerating despite higher mortgage rates.
The Commerce Department said that developers began construction on houses and apartments in November at a seasonally adjusted annual rate of 1.09 million. That’s 23 percent more than October’s pace of 889,000 and the fastest since February 2008, just a few months after the recession began. Read the rest of this entry
Florida about to shift into high gear!
Florida became the third most populous state in the United States in 2013, bumping New York from its long-standing status and positioning the state for increased economic gains in 2014. According to a report released by TD Economics, an affiliate of TD Bank, strong population growth, income growth and reflation in household wealth will drive the Sunshine State to outperform the nation by a considerable margin in 2014 and 2015. Read the rest of this entry
All-cash sales hit new high in November 2013
RealtyTrac released its November 2013 U.S. Residential & Foreclosure Sales Report in December.
Overall, RealtyTrac says nationwide sales of all home types – single family, condos and townhomes – rose 1 percent month-to-month and 10 percent year-to-year. Read the rest of this entry