Florida condo-townhome sales rise as pending deals grow

Florida’s condo-townhome market posted stronger year-over-year sales activity in May, with closed sales up 6.6% and new pending sales up 9%, according to Florida Realtors data. Chief Economist Dr. Brad O’Connor said the pending-sales gain means the category’s nine-month streak of higher closed sales
Read MoreHOA parking bans hinge on who owns the road, not the rules

Street ownership determines how far an HOA's parking rules reach — and knowing to ask that question before closing is exactly what sets a Realtor apart.
Read MorePending sales offer early look at summer market

New pending sales rose year over year in May, according to Florida Realtors data. Single-family pending sales increased 4.8%, while condo-townhouse pending sales rose 9%, offering an early signal of summer buyer activity as mortgage rates continue to shape the market outlook.
Read MoreFlorida home sales rise for ninth straight month

Florida home sales rose again in May, continuing a nine-month streak of year-over-year gains. The data gives Realtors a useful way to talk with buyers and sellers about timing, pricing and how local conditions are shaping activity.
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