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Archive for the ‘Market News’ Category

Housing costs may prompt a population shift

April 28th, 2016 by Christian Panin

According to a FloridaRealtors ORLANDO, Fla. – April 27, 2016 – More residents of some of the nation’s priciest areas are heading to new cities where housing costs are lower. High-priced areas like San Diego, Silicon Valley and some parts of Washington, D.C., are seeing fewer new residents. On the other hand, lower-cost cities like […]

Economic Data Helps Mortgage Rates

October 2nd, 2014 by Christian Panin

The U.S. economic data released this week (9/24-10-1) was generally weaker than expected, which was favorable for mortgage rates. The data also fell short in Europe. As a result, mortgage rates ended the week lower. Slower economic growth reduces future inflationary pressures, which is positive for mortgage rates, and most of the economic data released […]

Florida cities top nation for home price increases

February 26th, 2014 by Christian Panin

JACKSONVILLE, Fla. – Feb. 26, 2014 – A report from Black Knight Financial Services (formerly Lender Processing Services) finds that December home values in the U.S. are within 13.9 percent of the peak reached in 2006. Black Knight’s Home Price Index (HPI) found nationally that home values rose 0.1 percent month-to-month (compared to November 2012 […]

Great Venice home, community, and price! Now is the time to get off the fence…

February 24th, 2014 by Christian Panin

Take a look at this great buy!

Jan. 2014 data points to homebuying season early start!

February 21st, 2014 by Christian Panin

Feb. 20, 2014 – Despite severe weather conditions across much of the country, the 2014 homebuying season has begun on one positive note, showing an uptick in inventory a month earlier than last year, according to Realtor.com’s National Housing Trend Report for January 2014. Data from Realtor.com reveals the median list price for January 2014 […]

NAR: In 2013, U.S. prices hit ‘06 levels with sales up 9.1% – strongest in 7 years

January 24th, 2014 by Christian Panin

NATIONAL NEWS WASHINGTON – Jan. 23, 2014 – Existing-home sales edged up in December, sales for all of 2013 were the highest since 2006, and median prices maintained strong growth, according to National Association of Realtors®’ (NAR) sales figures released today. Total existing-home sales (completed transactions that include single-family homes, townhomes, condominiums and co-ops) increased […]

Florida’s Housing Market Continues on a positive track in October

November 21st, 2013 by Christian Panin

According to data released by Florida Realtors®: ORLANDO, Fla. – Nov. 20, 2013 – Florida’s housing market continued its upswing in October 2013, with more closed sales, higher median prices, more new listings and a stabilizing supply of homes for sale. “Florida’s economy continues to improve, and that’s good news for the housing market,” says […]

Last Week’s Economic News in Review November 12, 2013

November 12th, 2013 by Christian Panin

The economic data is once again flowing in earnest from the various federal reporting agencies, but some of the numbers remain slightly off due to skewing caused by the shutdown. The big news last week was employment, which appears to be on track with past trends, and consumer credit, which saw a big bump in […]

Florida’s Housing Market Continues Upswing In 3Q 2013

November 8th, 2013 by Christian Panin

According to a report by Florida Realtors® out of Orlando, Florida Nov. 6, 2013 – Florida’s housing market continued to improve in third quarter 2013 with more closed sales, higher median prices, more pending sales and a stabilizing supply of homes for sale compared to the same quarter in 2012, according to the latest housing […]

Home flipping down 13%, but high-end flipping up 34%

October 21st, 2013 by Christian Panin

IRVINE, Calif. – Oct. 17, 2013 – RealtyTrac released its Q3 2013 Home Flipping Report, which shows 32,993 single family home flips – where a home is purchased and subsequently sold again within six months – in the third quarter of 2013. That number is down 35 percent from the second quarter and 13 percent […]

 

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Christian Panin

National & International Agent

Christian@wentcoastal.com

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PalmerHouse Properties

Christian is a real estate professional who has hands on experience in the local industry, making it possible to provide you with nothing less than excellent customer service, in-depth knowledge of the local market and cutting edge technology and tools for your buying experience. He represents the best properties for sale in the Venice-Nokomis, & Osprey area. Allow him the opportunity to share his passion for this unspoiled area and he will assist you in finding your dream property.