RE/MAX Real Estate Market UpdatePosted on 07/05/15
Curious as to what the status of the Florida Housing Market is looking like these days? Well, we have some insight for you. RE/MAX recently released their May 2015 National Housing Report and from our view, the numbers look good.
Both home sales and prices are on the rise. In fact, transactions are up 3.5 percent compared to last year and sales prices are up 7.8 percent.
According to Dave Linger, RE/MAX, LLC CEO, Chairman and Co-Founder, there are “many positive factors that are contributing to a strong market this year. Job growth and wages are slowly improving, while rents are increasingly rapidly and mortgages are becoming much more accessible.”
Combine these things with low interest rates and the result is a higher consumer confidence in the real estate market. Download the full RE/MAX National Housing Report and contact Kerry Veach today for more information on what this means to your future home sale or purchase.