Apr
20

In the News – April 20, 2014

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04/17/14 – Elliman Releases 1 Quarter 2014 Elliman Report for the Miami Market:  The Miami housing market began the year where it left off last year, having both the highest number of first quarter sales and the fastest marketing time in 8 years. Prices continued to rise, reaching their highest point since 2008 and it remains predominantly a cash market. Listing inventory is beginning to expand as sellers are being pulled into the market after several years of improving market conditions. Based on the fast start, we are excited about the year ahead.  See the full report at Elliman.com; in Spanish here;  and in Portuguese here.

 

04/17/14 – Elliman Releases 1 Quarter 2014 Elliman Report for the  Boca Raton Sales market:  The housing market in Boca Raton continued to move quickly with the fastest marketing times seen in at least 8 years. Overall sales activity fell short of prior year levels, but listing inventory is beginning to rise, and high-end sales are being held back by limited supply. We continued to be encouraged by the strength of the market and look forward to an active spring quarter.  See the full report at Elliman.com

 

04/17/14 – Elliman Releases 1 Quarter 2014 Elliman Report for the Fort Lauderdale Market:  Like prior quarters, the Fort Lauderdale housing market continued to see rising prices across all market categories. The trend of rising prices is beginning to cause listing inventory to rise from low levels as homeowners look to take advantage of the active market. The luxury market was a particular standout this quarter and we look to more of the same in the coming quarters.  See the full report at Elliman.com 

 

04/17/14 – Elliman Releases 1 Quarter 2014 Elliman Report for the Palm Beach Market:   The Palm Beach housing market continued to be challenged by limited inventory and faster marketing times. There was an uptick in large luxury sales in the quarter, but the overall lack of inventory across the market has kept sales from rising. Overall housing prices reached 5-year highs. We anticipate that these tight market conditions will continue through the spring.  See the full report at Elliman.com

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