Market Updates

Nov. 24, 2020

Real Estate Newsletter - November '20

Autumn in Pensacola

CHECK OUT THIS MONTH'S REAL ESTATE NEWSLETTER - It offers current local market stats and some of my favorite distinctive properties on the market.
WISHING YOU A HAPPY THANKSGIVING! BE SAFE AND WELL!
EAST HILL - NORTH HILL - DOWNTOWN - THE BEACH https://www.mynewsletterbuilder.com/.../1414845496/...
View More
Posted in Market Updates
Nov. 19, 2020

Builder Confidence at Record High, 6% Above Previous Record

contractor meeting on home building site
fstop123 / Getty Images

 

Builders are almost giddy. An Index of 50 suggests a balance between optimism and pessimism, but Nov.’s confidence number hit 90 after a record-breaking 85 in Oct.

WASHINGTON – Calling it “another sign that housing continues to lead ...

View More
Posted in Market Updates
Nov. 16, 2020

October 2020 Market Update

Pensacola  Beach Florida

  • Sales are up from last month and from last year with 863 units sold in October 2020, September 2020 - 849, and October 2019 - 799. Sales Year Over Year are up 8.0%

  • October average days on market is down from 41 days to: 39 Days.

  • Average sold price is $284 ...

View More
Posted in Market Updates
Aug. 24, 2020

NAR: July Existing-Home Sales Soar 24.7% Higher

Pensacola Beach Florida

“The housing market is well past the recovery phase and now booming,” says NAR. And current owners seeking larger homes will “drive demand even into 2021.”

WASHINGTON – National existing-home sales continued a strong, upward trajectory in July, marking two consecutive months of significant sales gains, according to ...

View More
Posted in Market Updates
July 29, 2020

Fla.’s Housing Market Shows June Upswing Despite COVID-19

Pensacola Beach Florida

By Marla Martin, Florida Realtors

Florida Realtors’ data: More new pending sales, more pending inventory and higher median sales prices year-over-year in June. Single-family closed sales rose 1.3% – 1st increase since March and a significant change compared to April and May, says Chief Economist O’Connor.

ORLANDO, Fla. – ...

View More
Posted in Market Updates
July 9, 2020

Real Estate Update from Chris Reid Realtor July 2020

PENSACOLA BEACH FLORIDA

This month’s newsletter shares an article that sums up where we are in our current real estate market, our market stats and my favorite properties on the market. Enjoy!

CLICK HERE TO CHECK OUT THIS MONTH'S NEWSLETTER

EAST HILL | NORTH HILL | DOWNTOWN | THE BEACH

View More
Posted in Market Updates
July 1, 2020

The Big Question: What Will Happen to the Housing Market?

Pensacola Beach FL

CHICAGO – The housing market is recovering much faster than most other sectors in the economy in the current recession. But will it last?

Unemployment remains high – at around 13% – and economic forecasters predict unemployment likely will remain elevated for the remainder of the ...

View More
Posted in Market Updates
June 5, 2020

This month's real estate newsletter

Pensacola Beach Florida

This month’s newsletter features a rare condo opportunity in East Hill coming soon, the monthly real estate market stats in our area for April and a Covid-19 reopening update for FL

 

Your resource for navigating the real estate market in the greater Pensacola area.

PENSACOLA | EAST HILL | DOWNTOWN | THE ...

View More
Posted in Market Updates
June 5, 2020

Fla. Moves a Step Closer to ‘Normal’ Under Phase 2 Reopening

JUNE 3, 2020 By kerry smith

Gov. DeSantis announced that Phase 2 of the state’s 3-step reopening plan will go into effect on Friday morning. It doesn’t change real estate services that were already deemed essential, but it could give hope to some buyers and sellers who pulled back during ...

View More
Posted in Market Updates
May 27, 2020

Real Estate Update from Chris Reid Realtor

Pensacola Beach Florida

Here's the latest on where we are with the real estate market these days. As always, feel free to give me a jingle to discuss the goings on:

Consumer Confidence Bouncing Back after Pandemic Low

Things are getting better, at least in consumers’ minds. The May confidence index rose to ...

View More
Posted in Market Updates