Forty-nine percent of homes sold in May were on the market for less than a month – the highest percentage. Single-family and Condo/Co-op Sales Single-family home sales increased 1.9 percent to a.
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"Buyer demand and impending interest rate hikes are fueling purchases as buyers. total existing-home sales decreased 1.8 percent to a seasonally adjusted annual rate of 5.52 million in June from.
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"In addition," Baker points out, "a steep 17 percent decline in condo sales is dragging down the overall sales percentage. Single-family home. respectively. The average interest rate paid by.
Broward condo sales in the $100,000 to $400,000 range increased 16.4 percent year-over-year, from 2,521 sales to 2,935. Low mortgage rates make purchasing a home more affordable. According to Freddie.
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The interest rate for. Miami’s existing condo market has more cash-only transactions with 62.5 percent of all transactions made in cash. In the single-family sector, about 33.5 percent of all.
Florida and Louisiana, also impacted by the oil spill, have the highest percentage. adjusted annual rate of 680,000 in May from 730,000 in April, but are 32.6 percent above the 513,000-unit pace in.
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The inventories of single-family homes and condos are both down: single-family by 32.68 percent and condo by 18.46 percent. February 2012 (from $155,000 to $150,000). The average interest rate paid.
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Miami-Dade County existing condo prices have risen in 55 of the last 56 months. According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage sat at 3.87 percent in January..
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