Thursday, February 9, 2017

Final tally: 2016 a down year for South Florida home sales

South Florida home sales declined throughout 2016, especially in the condo market, according to the Florida Realtors. The final tally of existing homes sales summed up a disappointing year for volume and a slowdown in price appreciation for condos. A decline in cash deals from international investors and a smaller inventor of distressed homes both contributed to fewer closings. The tri-county region had 47,835 single-family home sales in 2016, a 2.2 percent decline from 2015. The median sales price…

from DIYS http://ift.tt/2k8mKRh

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