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Housing market reports for October 2015 are now available. Below are the year-over-year figures for Palm Beach County from the Realtors® Association of the Palm Beaches (RAPB). RAPB is the 6th largest local association in the country representing over 14,000 REALTOR® members involved in all aspects of residential, commercial, and global real estate throughout Southeast Florida and the Treasure Coast.

The Miami-Dade County real estate market continued to strengthen in October as properties sold fast and near asking price and sales prices again increased, according to a new report by the 41,000-member MIAMI Association of REALTORS® (MIAMI) and Multiple Listing Service (MLS) system

The high percentage of cash buyers reflects Miami’s top position as the preeminent American real estate market for foreign buyers, who tend to purchase with all cash. About 81 percent of international buyers in South Florida pay all-cash, compared to 60 percent of international buyers purchasing across the U.S., according to the 2014 Survey of International Home Purchases conducted by NAR for MIAMI.

Turning to the veterans in attendance, he then said, “We appreciate, most importantly, the veterans and their service to our country. There is no greater tragedy than to have one serve their country and then come back to the country they protected only to find that they don’t have a home and they’ve fallen on hard times. The Coalition does great work here in the community to rehabilitate veterans and to acclimate them back into the community.”

The statewide median sales price for single-family existing homes in 3Q 2015 was $199,900 up 9.8 percent from the same time a year ago, according to data from Florida Realtors Industry Data and Analysis department in partnership with local Realtor boards/associations. The statewide median price for townhouse-condo properties during the quarter was $150,000, up 7.9 percent over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less.

The Solar Energy Industries Association (SEIA) applauded the Florida Supreme Court for “being on the right side of history” today in ruling in favor of the Floridians for Solar Choice Amendment.

Miami has evolved into one of the world’s top places for commercial real estate investment, and the area’s population boom, tourist growth, and infrastructure improvements should only lead to more expansion, a prestigious panel of speakers said at the 15th annual Commercial Super Conference hosted by the Realtors Commercial Alliance

Nearly One in Three Renter Households in Florida’s Ten Largest Metro Areas Pay Unaffordable Rent Make Room, a nationwide campaign giving voice to American renters, today released findings that reveal Florida has the highest level of households paying unaffordable rent in the United States.

For Tara Moore, choosing a career in real estate wasn’t a stretch. Her father was a RE/MAX broker for 40 years in New York state and she grew up in the business. “I used to love going with him to show houses,” says Moore, a Realtor® with RE/MAX Select in Winter Garden who was recently named one of the National Association

The nights have cooled down so it’s time to head to the park to enjoy movies under the stars. Screen on the Green Presented by Verizon returns to Water Works Park beginning on Saturday, Oct. 3 for a series of family-friendly movies. The free movies range from the cult classic “Ghostbusters” to the new favorite “Hotel Transylvania.” The movies have been chosen to appeal to both children and adults.

Miami-Dade County residential sales rose nearly three percent year-over-year in August while median sales prices for single-family and condominium properties continued their upward trend, according to a new report by the 38,000-member MIAMI Association of REALTORS® (MIAMI) and Multiple Listing Service (MLS) system.

With the release of market statistics for August, economists noticed a surprising indicator year-over-year. First, there were the predictable trends: median sale price climbed 9.3 percent from $270,000 to $295,000; median days on market dropped 34.5 percent from 55 to 36 days; active listings decreased 7.9 percent from 7,187 to 6,622 listings; and months’ supply of inventory declined 21.6 percent from 5.6 to 4.4 months

Florida’s housing market continued its positive track in August with more closed sales, higher median prices and a tightening inventory, according to the latest housing data released by Florida Realtors®. Closed sales of existing single-family homes statewide totaled 23,605 last month, up 8.6 percent over August 2014.

Do you know a student interested in a real estate career? Then you’ll want to find out more about the Florida Real Estate Commission (FREC) Education and Research Scholarships. But get ready: The online application process opens Sept. 21, 2015, and ends Nov. 2 at noon

The Miami real estate market continued its historic summer by registering its second-highest single-family home sales month in history in July, according to a new report by the 38,000-member MIAMI Association of REALTORS® (MIAMI) and Multiple Listing Service (MLS) system. Miami-Dade County had 1,354 single-family home sales in July 2015, nearly eclipsing its record of 1,390 transactions established last month

Year-over-year market statistics for July 2015 reported accelerated demand for single family homes in Palm Beach County. Closed sales rose 19.5 percent from 1,515 to 1,810 transactions, and median sale price rose 3.3 percent from $280,000 to $289,250. Meanwhile, median days on market dropped a significant 30.9 percent from 55 to 38 days. As for inventory levels, they continued to decline, down 6.7 percent from 7,246 to 6,761 active listings and down 21.6 percent from 5.7 to 4.5 months’ supply.

“Martin County Single Family Home sales continued to outpace last year’s sales figures. The number of Closed Sales were up 13.7%, Supply went down 31.2%, and the Average Sale Price rose 11.7%. The sustained high demand for homes and the diminished supply continued to push prices up to where the Median Sale Price now comfortably sits at $306,500. Buyers must be aware that we are firmly in a Seller’s market with 4.5 months’ supply of inventory. Realtors®’ services, now more than ever, are in demand to find folks homes on the Treasure Coast.

Florida’s housing market reported more closed sales, higher median prices, more pending sales and tightening inventory in July, according to the latest housing data released by Florida Realtors®. Closed sales of existing single-family homes statewide totaled 26,916 last month, up 21.8 percent over July 2014

Florida Realtor, the Business Magazine of Florida Real Estate and monthly trade publication of Florida Realtors®, recently won nine awards in the 2015 Florida Magazine Association’s (FMA) competition.

The Council of the District of Columbia has passed resolutions confirming the appointments of Mr. Buwa Binitie, Mr. Stephen M. Green and Mr. Bryan “Scottie” Irving to the Board of Directors of the District of Columbia Housing Finance Agency (DCHFA). “The new board members possess a range of expertise in development and housing in the District of Columbia.