Today’s The Being Tracy Show Podcast, Tracy Busch Pate met an amazing day trader Chris Juliano, who introduces us to how to be a super amazing day trader!! After that we enjoy VLOG-TIME, where Tracy shares a story and WARNING to anyone out there who has a phone and/or computer service!!! Finally, stay tuned for a SUPER SURPRISING & interesting real estate minute!! #podcast #realestatemarket #Scammers #daytrading #Beware #caution #banks #sba #sbaloans #smallbusinessloans See FULL Video Podcast HERE: https://youtu.be/geevulmW0Ro?si=fWNJ6DAF9jlNToBi />For a discount using StreamYard for your podcasts: https://streamyard.com/pal/c/61961682…
Fla.’s May Home Sales: Listings and Prices Up By Marla Martin, who wrote: Florida Realtors: Fla.’s single-family median price up 21.8% to $420K. Condo median price up 28.8% to $322K. Rising interest rates slow sales but new listings up. ORLANDO, Fla. – Rising mortgage interest rates, high inflation and still-tight inventory levels were factors influencing Florida’s housing market in May, with fewer closed sales compared to a year ago, according to Florida Realtors®’ latest housing data.
“Households everywhere are feeling the pinch of high inflation,” says 2022 Florida Realtors President Christina Pappas, vice president of the Keyes Family of Companies in Miami. “Homebuyers are also facing the challenges of rising interest rates and tight inventory of for-sale homes, causing some to hit the pause button on their plans. Still, the median time to contract for single-family existing homes in May was nine days – the same as it was in May 2021. The median time to contract for existing condo-townhouse units last month was 10 days compared to 19 days a year ago.
“Real estate market conditions are always changing, but buyers and sellers can turn to a local Realtor for expertise, knowledge and support.”
Last month, closed sales of single-family homes statewide totaled 28,861, down 6.9% year-over-year, while existing condo-townhouse sales totaled 13,265, down 14.4% from May 2021, according to data from Florida Realtors Research Department in partnership with local Realtor boards/associations. Closed sales may occur from 30- to 90-plus days after sales contracts are written.
Rising mortgage interest rates continue to depress sales of existing homes in Florida, according to Florida Realtors Chief Economist Dr. Brad O’Connor, who added that the current level of sales is more comparable to the pre-pandemic years of 2018 and 2019 than sales in 2021, when mortgage rates were still near their all-time lows.
“This slowdown in the rate of sales was accompanied by an increase in the rate of homes listed for sale in May,” he said. “New listings of single-family homes were up on a year-over-year basis by 10.2% – the largest such increase since August of last year. New listings of townhouses and condos were up more modestly, by 3.4%.”
Dr. O’Connor explains, “With sales levels falling closer to historical norms and new listings on the rise in May, inventory levels are starting to rise, as well. The number of single-family homes actively listed for sale in Florida at the end of May was up over 23% compared to the end of April, and up 31.5% compared to a year ago. However, townhouse and condo inventory was up by almost 16% month-over-month, but still down on a year-over-year basis by 20.5%.
“Remember, inventory in each category – single-family homes and also for condo-townhouse properties – has remained at a very low level for some time, which means we’re still deep in seller’s market territory. But we’re starting to see some progress back toward a balanced market.”
The statewide median sales price for single-family existing homes in May was $420,000, up 21.8% from the previous year. Last month’s statewide median price for condo-townhouse units was $322,000, up 28.8% over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less.
On the supply side of the market, inventory (active listings) of single-family existing homes showed some year-over-year improvement in May; it was at a 1.4-months’ supply compared to a 1.1-months’ supply a year ago. Condo-townhouse inventory was at a 1.5-months’ supply in May.
According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 5.23% in May, significantly higher than the 2.96% averaged during the same month a year earlier.
To see the full statewide housing activity reports, go to the Florida Realtors Newsroom and look under Latest Releases or download the May 2022 data report PDFs under Market Data.
The amazing interview with the famous Wali Waiters, producer, Director, TV, show host, and many other talents shares his view on gratitude, lifestyle, choices, and BeingTracy discusses with him dating choices, and whether or not parking in your garage is a positive or negative statement. This amazing interview is followed by a discussion about dating and the real estate minute! You can see it on your favorite podcast station, and also YouTube, Spotify and Apple! Please like and subscribe to the channel, so you are always in the know!
This was my first best of Broadway event and it was so fun! Great people, a lot of good networking, & good food!! #bestof #bestofdelray #delraybeach #palmbeaches #happeningnow #goodfood #gooddrinks #goodpeople #realestateagent #funevents #kellerwillamsrealty #happeningnow #gettheapp
Tracy Busch Pate Global Real Estate Specialist 305-975-3404 LivingTracy.kw.com
Jeff Deforrest has been the Premier sports & gaming talk show host on South Florida morning radio for the past 42 years. His unique and often hilarious takes on sporting events and the wagering that circles them have garnered him at fiercely loyal audience both inside and outside the athletic circles. Jeff has been married to his beautiful wife, Sally DeForrest for 8 years, and lives in Fort Lauderdale, FL #sports #sportscaster #5reasonssports #bleavnetwork. Click here to see the full video podcast: https://youtu.be/VObIv35DlEM?si=uqZkzZuBILhQPgdc />
Tracy Busch Pate Info@beingtracy.com (561) 673-7858 LeavingTracy.kw.com Please reach out to me if you want to find an amazing realtor to help you buy, Sell, invest or rent. Also, if you would like to support this channel with sponsorship and or advertising, I would love to talk with you! ❤️🙏
YVES SAINT LAURENT Pre-Loved Red Grainy Monogram Shopping Bag, Red
About this item Leather Imported Pre-Loved Condition: Excellent; Light tarnishing to hardware Length: 14" (35 cm), Height: 11" (27 cm), Depth: 4" (10 cm), Strap Drop: 11" (27 cm) Made in Italy Two Chain Link And Leather Shoulder Straps Magnetic Snap Closure
