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John Tuccillo, PhD [email protected]. Prices have stopped declining, and in many areas are...

Date post: 30-Mar-2015
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John Tuccillo, PhD [email protected]
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Page 1: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.

John Tuccillo, [email protected]

Page 2: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 3: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.

Prices have stopped declining, and in many areas are now steadily increasing

Page 4: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 5: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.

Prices have stopped declining, and in many areas are now steadily increasing

Monthly sales have been trending upward since early 2011

Page 6: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 7: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.

Prices have stopped declining, and in many areas are now steadily increasing

Monthly sales have been trending upward since early 2011

The number of new listings has been falling

Page 8: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 9: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 10: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 11: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 12: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.

Prices have stopped declining, and in many areas are now steadily increasing

Monthly sales have been trending upward since early 2011

The number of new listings has been falling

Inventories are down sharply

Page 13: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 14: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.

Prices have stopped declining, and in many areas are now steadily increasing

Monthly sales have been trending upward since early 2011

The number of new listings has been falling

Inventories are down sharply

The supply of lender-mediated properties has stabilized

Page 15: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 16: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 17: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.

Prices have stopped declining, and in many areas are now steadily increasing

Monthly sales have been trending upward since early 2011

The number of new listings has been falling

Inventories are down sharply

The supply of lender-mediated properties has stabilized

Multiple offers and market tightness in some areas

Page 18: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.

Employment is starting to rise again

Page 19: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 20: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 21: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.

Employment is starting to rise againRenewed population growth

Page 22: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.

Employment is starting to rise againRenewed population growthLenders have climbed up the

learning curve

Page 23: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.

Employment is starting to rise againRenewed population growthLenders have climbed up the

learning curve (Some) household wealth has

been restored

Page 24: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.

Employment is starting to rise again Renewed population growth Lenders have climbed up the learning curve (Some) household wealth has been

restored Prices have fallen to a point where

investors are back in the market Have cash

Rents are high

Page 25: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 26: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.
Page 27: John Tuccillo, PhD johnt@floridarealtors.org. Prices have stopped declining, and in many areas are now steadily increasing.

Florida’s residential real estate market is experiencing a very slow, but steady recovery

Builders feeling more confident

Recently relaxed land use regulations around the state may have positive effect on both housing and land markets


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