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Toll Brothers Unveils New Community in Florida

Toll Brothers Unveils New Community in Florida

by Phil Hall | Sep 6, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuilder Toll Brothers Inc. (NYSE:TOL) announced its newest community, Toll Brothers at Marsh Harbor, is coming soon to Ponte Vedra area of St. Johns County in North Florida. Toll Brothers at Marsh Harbor will feature luxury homes ranging up to approximately 4,690...
Pending Condo Sales Down as Inventory Expands

Pending Condo Sales Down as Inventory Expands

by Phil Hall | Sep 4, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending sales of condominiums were down by 5.5% year-over-year last month, according to new data from Redfin (NASDAQ: RDFN). This marked the lowest level for pending condo sales in any July on record. At the same time, the number of condos for sale rose 27.1% from one...
Lennar Unveils New Townhome Community in Miami Metro Area

Lennar Unveils New Townhome Community in Miami Metro Area

by Phil Hall | Sep 3, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Lennar (NYSE:LEN) announced the opening of its latest development: Mariner’s Cove, a 174-unit townhome community in Florida City, Florida. The two-story townhomes range from 1,330 to 1,545 square feet, with three bedrooms and two-and-a-half to...
Florida’s Single-Family Home Sales Up While Condo-Townhome Sales Drop

Florida’s Single-Family Home Sales Up While Condo-Townhome Sales Drop

by Phil Hall | Aug 22, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed sales of existing single-family homes in Florida statewide totaled 23,353 last month, up 5.2% year-over-year, while existing condo-townhouse sales totaled 8,364, down 1.2% over July 2023, according to data from Florida Realtors. The statewide median sales price...
Report: Florida HOA Fees Soaring Above National Median

Report: Florida HOA Fees Soaring Above National Median

by Phil Hall | Aug 22, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida’s trouble condominium market is hitting residents in their wallets, with homeowners association (HOA) fees rising dramatically to rates that are significantly above the national median. Tampa’s median monthly HOA fee was up 17.2% year-over-year for the three...
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