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Real Estate Market Update
Housing Starts hit a better-than-expected 1.256 million annual rate, up 3.2% for November, though down 3.6% from a year ago.
Of course, that's when starts were way up following Hurricanes Harvey and Irma.
But comparing the first 11 months this year against the same period in 2017 shows starts up 4.7% overall.
And the future looks good:
Building Permits blasted up 5.0%, the biggest one month gain in more than a year.
Existing Home Sales also surprised, up two months in a row, though down from a year ago thanks to tight supply.
Yet inventories are up four months in a row and demand is strong: 43% of homes sold in less than a month!
Latest Blog Posts
In this Episode Team SKL takes you on a behind the scenes tour of the Florida Aquarium. We also take another look back at John's Pass and tour the historical boardwalk and village!
3 out of 4 millennials think they know how to sell a homeIRVINE, Calif. – Jun 12, 2019 – More than three-quarters of millennials feel very confident about how to sell a home, but very few have