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Housing Market

Weekly Market Update

Pending Home Sales Rise After Post-Election Surge in Home Tours

Pending sales posted a big year-over-year increase this week,  partly because the boom in early-stage homebuying demand we saw just after the election is translating to sales and partly because we’re comparing to a period in 2023 that included Thanksgiving. U.S. pending home sales rose 12.1% year over year during the four weeks ending November […]
Investors

Investor Home Purchases Plateau After a Pandemic-Era Rollercoaster Ride

U.S. investor home purchases fell 2% year over year in the third quarter, a much smaller change than the swings of the last several years. Purchases are now back near pre-pandemic levels.  In Florida, investor purchases posted double-digit declines amid an ongoing climate and insurance crisis. But investor purchases saw double-digit gains in a handful […]

Home Sales Sink Across Florida Amid Hurricane Recovery, Surging HOA and Insurance Costs

The five U.S. metro areas where pending sales are falling most are all in Florida, though the declines are easing in some metros following a destructive hurricane season. Florida is home to the five U.S. metropolitan areas where pending home sales are falling fastest.  In Fort Lauderdale, pending sales dropped 15.2% year over year during […]
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