KB Homes Contract Cancellations Hit 68%

KB Homes contract cancellations hit 68%

KB Homes contract cancellations hits 68% Speaking to reporters in September, Fed Chair Jerome Powell was asked to clarify what he meant when he said spiking mortgage rates would …

Orlando Housing Market December 2022

Orlando Housing Market December 2022 Report

During the month of December 2022, the Orlando Housing Market Inventory experienced a significant increase compared to the same month last year. In addition, the median price increased while sales …

Orlando Foreclosures Are Up 99%

Orlando Foreclosures Are Up 99%

Orlando foreclosures nearly doubled in 2022 Orlando-area foreclosures shot up 99% in 2022 after the end of a federal moratorium in 2021. In Central Florida, foreclosure proceedings were filed …

7 Housing Market Predictions For 2023

7 Housing Market Predictions for 2023

7 Housing Market Predictions for 2023. When the weather cools for winter, the housing market often does too. We asked real estate experts and economists to share their predictions. …

Home Prices No Longer Increasing By Double Digits

Home Prices No Longer Increasing By Double Digits

Home Prices No Longer Increasing by Double Digits. For over two years, monthly stats on home-price increases have reported something over 10%, but in Oct., …

Housing Market: Prepare For 2 More Years Of Pain

Bank of America CEO Issues Dire Warning for Housing Market: Prepare for 2 More Years of Pain. That's really not news home buyers want to hear. Home prices are up right now and mortgage rates …

Existing Home Sales Plummet

Existing Home Sales Plummet

No One Buying or Selling Existing Homes "No one" is a relative term when it comes to economic data. There are actually about 4 million people per year buying existing homes …

Low Housing Inventory Holding Back Crash?

Low Housing Inventory Holding Back Crash?

Housing Market Supply Is Keeping Prices From Crashing Housing inventory in the U.S. decreased between October and November this year, underscoring a housing shortage that some experts believe is helping to …

Builder Warns of Significant Orlando Real Estate Market Softening

Builder Warns Of Significant Orlando Real Estate Market Softening

Lennar: Orlando experiences 'significant softening' in home demand The metro recorded 1,973 residential construction starts in October, down 36.7% from 3,117 in October …

Home Builders Cutting Prices!

Home Builders Cutting Prices!

More Home Builders are Cutting Prices and Offering Incentives – But Not at 2008 Levels As the housing market has slowed rapidly over the past several months, builders have increasingly been reducing prices and offering …