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Florida real estate market healthy but challenged

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The Florida real estate industry is healthy, according to Lawrence Yun, chief economist and senior vice president of the National Association of Realtors® (NAR) – although several challenges confront residential sales. Speaking at the 12th annual Global Conference, a production of the Realtor Association of Sarasota and Manatee and the Global Business Council held at RASM’s […]

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What is the Pending Homes Sales Index PHSI

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Pending Home Sales Index – PHSI What is ‘Pending Home Sales Index – PHSI’ The Pending Home Sales Index (PHSI) is an index created by the National Association of REALTORS® (NAR) that tracks homes sales in which a contract is signed but the sale has not yet closed. The pending home sales index is a […]

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Consumer confidence rebounds in April  

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NEW YORK – April 24, 2018 – The Conference Board Consumer Confidence Index increased in April, following a decline in March. The Index now stands at 128.7, up from 127.0 last month. The Present Situation Index increased from 158.1 to 159.6, while the Expectations Index that gauges attitudes about the short-term future improved from 106.2 […]

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New homes sales shot up 4% in March

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WASHINGTON (AP) – April 24, 2018 – Sales of new U.S. homes jumped 4 percent in March, propelled by a surge of buying in the West. The Commerce Department said Tuesday that sales last month were at a seasonally adjusted annual rate of 694,000. The two prior months had their sales revised upward with the […]

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Home-buying tips for single-income women

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SEATTLE – April 23, 2018 – Real estate website Estately recently conducted a study showing how America’s gender wage gap affects home affordability and ownership for women. To find out, Estately used 2016 U.S. Census data to compare men’s and women’s median salaries in the 50 most populated U.S. cities. Based on those salaries and […]

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