The National Association of Realtors reported single-family homes in the US fell by 2.6% in March 2012 over March 2011 (4.48 million units). However, the median home price sale was up 2.5% on a year-over-year basis in March 2012.
Home sellers have reportedly increased listing prices in kind-- up 5.6% over March 2012, according to Realtor.com. Nonetheless, as we have stressed in the past, real estate is a local business. The magazine SmartMoney listed its most realistic and least realistic housing markets.
Most Realistic: 1) Las Vegas with a difference of +1.5% from list price and sales price; 2) Boston, +2.0%; and 3) Tampa, Florida at -3.0%.
Least Realistic: 1) Atlanta with a difference of -40.0% from list price and sales price; 2) Jacksonville, Florida at -34.0%; and 3) Washington, DC at -13.0%.
As a local Relator, I am aware of the trends in the US market as well as in many of the communities in which I specialize. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.
For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550
http://MYsouthFLrealestate.com
Referrals are appreciated and welcomed.
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
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