Jim Esposito Agent Shot

Jim Esposito

Intercoastal Realty

(954) 336-3776

housing market updates

search florida homes for sale


fort lauderdale real estate news

Home    


Like This Blog? Click Here to Share with Your Friends and Colleagues

 

Help Me CRUSH My Competition



Ft Lauderdale Real Estate News 03/25/14


real estate up 13.2% nationwide according to S&P / Case-Shiller Home Price Index


Data through January 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, showed average home prices increased 7.3% for the 10-City Composite and 8.1% for the 20-City Composite in the 12 months ending in January 2013.

All 20 cities posted year-over-year gains with Phoenix leading the way with a gain of 23.2%. Nineteen of the twenty cities showed acceleration in their year-over-year returns. Despite posting a positive double-digit annual return, Detroit was the only city to show a deceleration. After 28 months of negative annual returns, New York came into positive territory in January.


S&P Case-Shiller Home Price Index February 2014

The chart above depicts the annual returns of the 10-City Composite and the 20-City Composite Home Price Indices. In January 2013, the 10- and 20-City Composites posted respective annual increases of 7.3% and 8.1%, and monthly increases of 0.2% and 0.1%.

“The two headline composites posted their highest year-over-year increases since summer 2006,” says David M. Blitzer, Chairman of the Index Committee at S&P Dow Jones Indices. “This marks the highest increase since the housing bubble burst.

“After more than two years of consecutive year-over-year declines, New York reversed trend and posted a positive return in January. The Southwest (Phoenix and Las Vegas) plus San Francisco posted the highest annual increases; they were also among the hardest hit by the housing bust. Atlanta and Dallas recorded their highest year-over-year gains.

“Economic data continues to support the housing recovery. Single-family home building permits and housing starts posted double-digit year-over-year increases in February 2013. Despite a slight uptick in foreclosure filings, numbers are still down 25% year-over-year. Steady employment and low borrowing rates pushed inventories down to their lowest post-recession levels.”


S&P Case-Shiller Home Price Index February 2014

The chart above shows the index levels for the 10-City and 20-City Composite Indices. As of January 2013, average home prices across the United States are back to their autumn 2003 levels for both the 10-City and 20-City Composites. Measured from their June/July 2006 peaks, the decline for both Composites is approximately 29-30% through January 2013. The January 2013 levels for both Composites are approximately 8-9% from their dip in early 2012.

In January 2013, nine cities -- Atlanta, Charlotte, Las Vegas, Los Angeles, Miami, New York, Phoenix, San Francisco and Tampa -- and both Composites posted positive monthly returns. Dallas was the only MSA where the level remained flat.

In terms of annual rates of change, all 20 cities as well as both Composites posted positive change. Atlanta, Detroit, Las Vegas, Los Angeles, Miami, Minneapolis, Phoenix and San Francisco were the eight MSAs to report double-digit annual returns.

The table below summarizes the results for January 2013. The S&P/Case-Shiller Home Price Indices are revised for the 24 prior months, based on the receipt of additional source data.


S&P Case-Shiller Home Price Index February 2014


© 2014 S&P / Case-Shiller



To see the February 2013 housing data reports
from the florida association of realtors
click on the links below:


Single Family February 2014


Condos February 2014



To see stats in indvidual markets:


Market Sales Activity February 2014





Click on Image to View The Latest
Metro Home Prices Report
from the National Association of Realtors


foreclosure single family east of Intracoastal


To see 2013 year end housing data reports
from the florida association of realtors
for statewide residential real estate activity
click on the links below:


Single Family 2013


Condos 2013



To see stats in indvidual markets:


Market Sales Activity








To see more great real estate investments go to

Investor Central








HyperSmash
Pingates

Find out more at:

http://www.fortlauderdalebeachproperty.com


If you are not on the phone to me right now
you are costing yourself money


a high rating realtor I specialize in the location
of the best deal on luxury and waterfront real estate
in ft lauderdale, boca raton and south florida


Jim Esposito

Intercoastal Realty

the best ft lauderdale realtor

(954) 785-8558 Office
(954) 336-3776 Mobile


emailadd1

Great Deals    

Property Search    

Selling Your Home    

New Construction    

Foreclosures    

Downtown Ft. Laud    

Neighborhoods    

Condos    

Income Property    

Investor Central    

Rentals    

Real Estate Blogs    

Webcams    

Links    

Client Log In    

Contact    

 

 

LIST

YOUR HOME

with

The Best
Realtor
In Town

 

Click Here!

 

Accept No Substitutes!

 

 

See The Latest
Real Estate
Statistics

 

Click Here!

 

Fort Lauderdale
State of Florida

 

FREE!
FORECLOSURE
LISTINGS!

Updated Weekly!


Click Here!

 

South Florida
Property Values

 

ANALYSIS &
PROJECTIONS

 

snp case-shiller oct hpi a

 

Click Here!

 

A Comprehensive and
Intelligent Consideration
of What's Ahead
For The Local
Real Estate Market

 

12 Things
You've Got
To Know
Before Buying
Foreclosures


Click Here!


Read Our Exclusive
& Informative Guide

 

How To Buy
Foreclosures

 

PERUSE
MY BLOG

Keen Insights
& Analysis
from a
Professional Expert
in the
Local Market

 

Click Here!

 

 

Like My Site?

 

Click Here

 

Help Me

CRUSH

My Competition

 
 
 
 

1500 East Las Olas Boulevard
Fort Lauderdale, Florida 33301

Jim Esposito

fort lauderdale homes for sale

(954) 785-8558 Office
(954) 336-3776 Mobile


emailadd1

Home  ♦  Selling Your Home  ♦  Property Search  ♦  Great Deals  ♦  Foreclosures  ♦  Income Property  ♦  Investor Central  ♦  R.E. Blogs  ♦  Webcams  ♦  Links  ♦  Contact  ♦  Sitemap