Florida Housing Market Experiences Mixed Q1 Results

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25 Home Business Homebuilder CEO saw momentum shift in Q1:. Lower mortgage rates have helped return buyers to the housing market, Cramer noted. tri pointe lags in the home construction group in part because the stock fell about 8% after reporting mixed first-quarter results on Thursday.

Produced by Florida REALTORS with data provided by Florida’s multiple listing services.. important-indicatorsfor the residential real estate market. When. Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Quarterly Market Detail – Q3 2016 Florida single family homes 0 20,000.

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The first quarter saw mildly positive activity in Florida, with closed sales for single-family homes totaling 57,913, up a scant 0.3 percent on a year-over-year basis. But according to data from Florida Realtors, the Sunshine State’s condo-townhouse market was cloudy in the first quarter, with statewide closed sales totaling 24,534, a 6.1 percent year-over-year drop.

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A significant issue facing that market has been housing affordability as home prices skyrocketed higher over the past few years due to supply constraints. BCC singled out the cold market in the west, as did home builder KB Homes (KBH), when it reported mixed Q1 results on March 26.

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