The Real Deal Miami

Posts Tagged ‘metrostudy’

  • Palm Beach County condo market stagnates

    Year-over-year, non-foreclosure condo sales are down 3.4 percent
    May 18, 2015 09:45AM

    Aerial shot of West Palm Beach

    While Palm Beach County’s residential condominium market has rebounded from the worst days of the 2007-09 recession, it has barely treaded water over the past year, data shows. [more]

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  • Housing rally stalls in Palm Beach County

    Falling demand from investors has contributed to a three-month decline in median prices
    May 08, 2015 01:30PM
    Palm Beach

    Palm Beach

    Home prices are coming down to earth in Palm Beach County, after soaring by double-digits from 2011 to 2014. And experts anticipate only moderate price appreciation over the next couple of years. [more]

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  • PB County home construction surges

    MetroStudy report shows substantial gain in new home starts
    February 10, 2014 11:15AM

    up arrowPalm Beach County enjoyed a surge in new home construction in 2013 as the broader economy rebounded.

    The latest report from Royal Palm Beach-based MetroStudy shows construction started on 2,053 Palm Beach County homes last year, an increase of 13 percent from 2012, the Palm Beach Post reported. A tightening of the county’s resale inventory helped encourage builders to construct more new product. [more]

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  • GL Homes tops Palm Beach County builders

    Lennar sets pace in Broward, Metrostudy report shows
    February 05, 2014 12:45PM

    ConstructionGL Homes had the busiest year of all builders in Palm Beach County in 2013, while Lennar led the way in Broward County.

    With 605 single-family housing starts, GL Homes outpaced the second-busiest Palm Beach County builder by nearly 400 starts, the Sun-Sentinel reported. DiVosta Homes followed with 214 housing starts, while Minto Communities was not far behind at 214. Research firm Metrostudy released its report on housing starts in Broward and Palm Beach counties earlier this week. [more]

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  • Housing StartsThe housing market in Broward and Palm Beach counties is bucking national trends with increased new construction activity.

    Metrostudy’s latest quarterly report shows that builders began construction on 530 houses in Palm Beach County during the third quarter, the Sun-Sentinel reported. That represents a 4 percent year-over-year increase in housing starts. [more]

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  • A home in Valencia Cove

    A Boynton Beach residential developer sold 73 homes pre-construction in two hours as buyers compete over a shrinking inventory, the Palm Beach Post reported.

    GL Homes sold $35 million in homes, ranging from $300,000 to $600,000, on its new Valencia Cove development lottery-style. [more]

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  • Brad Hunter

    As South Florida’s housing inventory shrinks, so does its vacant land, fueling a bidding war among builders and a rapid rise in construction costs and home prices, surveyor Metrostudy’s chief economist, Brad Hunter, said in an interview in the Sun-Sentinel.

    “A complete transformation has occurred. Two years ago, buyers were holding back because prices were still falling, and now there is urgency to buy,” Hunter reportedly said. [more]

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  • Housing starts in Broward County rose 67 percent in the first quarter, compared to the same period in 2011, the South Florida Sun Sentinel reported. There were a total of 257 housing starts in the first three months of this year, according to data from research firm Metrostudy. In Palm Beach, housing starts jumped by 22 percent in the same period. The firm said South Florida’s home starts reached the bottom three years ago. Despite the significant increases, new home activity is well below the peak years in the mid 2000s, however. [Sun Sentinel]

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  • New home construction ramps up in PBC

    April 09, 2012 12:45PM

    A Toll Brothers home in Jupiter

    Construction of new homes in Palm Beach County could rise up to 20 percent this year, the Sun Sentinel reported. That number, which comes from research firm Metrostudy, would mark an increase over the 949 homes started in 2011. “People are more optimistic and ready to buy,” said Brad Hunter, the South Florida director at Metrostudy. [more]

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  • SF home starts pick up

    November 10, 2011 02:09PM

    Housing starts in the tri-county area have risen in each of the last three quarters, with home construction across the region beginning to show signs of life, according to a report from Metrostudy. “This is a bullish indicator on housing demand, since it shows that builders have the confidence once again to sell from plans and to build spec homes,” said Brad Hunter, South Florida director for Metrostudy. There were a total of 940 home starts in the third quarter in South Florida. [Sun Sentinel] [more]

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