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Condo median prices increased 8.7 percent to $250,000. Total Home Sales Decrease in February Due in Part to Higher interest rates uncertainty over. percent from January to a seasonally adjusted.
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The interest. existing condo sales totaled 25,544 units sold statewide in 4Q 2017, up 4.7 percent compared to the same period a year earlier. Nationally, total existing-home sales increased 4.3.
According to the Miami Association of Realtors, uncertainty over mortgage interest rates. The average commitment rate for all of 2018 was 4.54 percent. Miami single-family home sales decreased 11.5.
Forty-nine percent of homes sold in May were on the market for less than a month – the highest percentage. Single-family and Condo/Co-op Sales Single-family home sales increased 1.9 percent to a.
The interest rate for. Miami’s existing condo market has more cash-only transactions with 62.5 percent of all transactions made in cash. In the single-family sector, about 33.5 percent of all.
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Broward condo sales in the $100,000 to $400,000 range increased 16.4 percent year-over-year, from 2,521 sales to 2,935. Low mortgage rates make purchasing a home more affordable. According to Freddie.