Sales of existing single-family homes in Florida totaled 24,045 in March, up 6% from the level recorded a year earlier, according to the Florida Association of Realtors.The median sales price of homes sold in March climbed to $212,300, up 28% from $165,700 in March 2004, FAR said. Among the state's larger markets, resales increased 48% in the Fort Myers-Cape Coral metropolitan statistical areas, 16% in the Tampa-St. Petersburg-Clearwater MSA, and 7% in the Jacksonville MSA, but they fell 28% in Miami, FAR reported.
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Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2 -
The Bureau of Labor Statistics report showed the labor force continued to expand but at a weaker rate than in recent months. The development weakens the case for a near-term rate hike.
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