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Americans bought homes in June at the fastest rate in over eight years

By: Associated Press WASHINGTON — Americans bought homes in June at the fastest rate in over eight years, pushing prices to record highs as buyer demand has eclipsed the availability of houses on the market. The National Association of Realtors said Wednesday that sales of existing homes climbed 3.2 percent last month to a seasonally...


A quick recap of the Brevard County Townhouses/Condos Report for June 2015 compared to June 2014:

A quick recap of the Brevard County Townhouses/Condos Report for June 2015  compared to June 2014:  Closed Sales are up 25.8% for June 2015 in which the number of units closed were 278 compared to 221 in June 2014, with an increase in cash sales of 40.9% compared to June 2014.  New Pending Sales are up 20.7% and New Listings...


Real Estate Statistical Update - Single Family Homes - Brevard County - June 2015

  A quick recap of the Brevard County Residential Report (Single Family Houses) for June 2015 compared to June 2014:   Closed Sales are up 10.0% for June 2015 in which the number of units closed were 968 compared to 880 in June 2014, with a decrease in cash sales by -6.6% compared to June 2014. New Pending...


What 6.5 Million Borrowers May Be Missing

  Daily Real Estate News | Tuesday, July 07, 2015 About 6.5 million borrowers could likely qualify for and benefit from a traditional refinancing or the HARP program, according to a new report released from the Black Knight Financial Services Inc  About 3 million borrowers alone could save at least $200 a month via traditional...


NAR: 'Buyers Are Coming Back In Force'

  Daily Real Estate News | Thursday, July 02, 2015 Home buyer demand is strong, recent sales reports have confirmed. Existing-home sales in May soared to the highest mark since 2009 as new-home sales climbed to a seven-year high. What's more, the demand is likely to stay strong: Pending contracts to buy existing homes reached a...


Florida Power and Light customers rates are lowest in the state

People will start running their air conditioning more in the weeks ahead as the warmer temperatures creep up. That means higher electricity bills. But Florida Power & Light Co. has released news that may make those higher bills seem a bit more bearable. The Juno Beach-based utility announced that for the fifth year in row, its typical...


Brevard County Townhouses/Condos Report for March 2014

A quick recap of the Brevard County Townhouses/Condos Report for March 2014  compared to March 2013:  Closed Sales are up 13.8% for March 2014, with an increase in cash sales of 20.0% compared to March 2013.  New Pending Sales are down -13.2% and New Listings are up 21.2%. The Median Sales Price for...


Lot Shortages Make Building Costs Higher

Lot Shortages Make Building Costs Higher Daily Real Estate News | Wednesday, April 16, 2014 Homebuilders who did not buy up land during the housing downturn are facing much higher costs today — and that may get passed on to home buyers. "Builders waited so long to buy land that, when the recovery happened, it was very strong and they...


Mortgage Rates Remain Relatively Flat

Real Estate News  Apr 3, 2014  Mortgage rates for most U.S. home loans remained largely unchanged this week amid light economic news. The average for a 30-year fixed-rate mortgage rose to 4.41%, up ever-so-slightly from 4.40% last week, according to the latest survey from mortgage buyer Freddie Mac. The popular loan...