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Investor Nation Expands Footprint to Florida
Over the last 18 months we’ve been investigating the housing market in Florida. It of course is one of the … Continue reading
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Orlando MSA Logs 12% Rise in Median Price in December
Florida Market Data Housing Market Housing Recovery Housing Trends Market ResearchAccording to the Orlando Realtors Association, the median price of homes rose 12% in December 2012 over December 2011. Excluding distressed sales, the median price in was $159,000. The cumulative median price for all of 2011 was $109,900 which is higher than 2010′s $108,500. Other numbers to note from the … Continue reading
Goldman Sachs Calls Bottom in U.S. Housing Market
Housing Market Housing TrendsAnalysts for Goldman Sachs Hui Shan and Sven Jari Stehn predict that the U.S. housing market will reach a bottom in the second half of this year. The analyst built a model that considers equilibrium home prices for each of 147 metropolitan statistical areas. Data points include population, income, lending … Continue reading
Memphis Inventory Down 14% in 2011
Market Research Memphis Market DataOver the last 12 months, inventory in Memphis has dropped by 14%. Since 2008, inventory levels are down nearly 43% in the Memphis metro area. And while supply stands at roughly 8 months worth, the pace of sales should increase in 2012 due to an improving local economy, continued … Continue reading
Institutional Investors Ready to Bet on Single-Family Homes
Housing Market Housing TrendsWhile real estate as a viable investment alternative for institutions has primarily been focused on real estate investment trusts (REITs), a report by Morgan Stanley suggests institutions shift attention to single-family homes. Oliver Chang of Morgan Stanley’s Housing and Securitized Products Strategy division co-authored the paper and believes that for … Continue reading
Shelby County Schools Receive Highest Rating
Market Research Memphis Market DataAdvancED, the world’s largest education community and accreditation authority, recently awarded Shelby County Schools their highest rating – “highly functional”. The rigorous process evaluates schools on seven areas: vision and purpose; governance and leadership; documenting and using results; resources and support systems; stakeholder communications and relations; commitment to continuing improvement; … Continue reading
Orlando expected to attract 53.4 million visitors in 2011
Florida Market Data Market ResearchIn 2010, Orlando became the first city to cross the 50 million visitors in a year threshold with 51.5 million, beating New York City. In 2011, that number expected to rise to 53.4 million visitors according to a forecast by Visit Orlando and its research vendor Tourism Economics. Conventions … Continue reading
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