The table below lists recent single family home sales in Killearn Estates. The sales information is from the months of September and October. The chart list 26 transactions with sale prices ranging from a low of $116,000 to a high of $404,000. The average sales price for these transactions was calculated to be $258,208. The […]
The National Association of Realtors (NAR) reported that the sales of existing homes were down in August after four months of gains. Sales fell by 1.8% to an annual rate of 5.05 million. Lawrence Yun, NAR chief economist blamed the decline on fewer investors. “There was a marked decline in all-cash sales from investors,” he […]
Many economists argue that the Great Recession was made great by the widespread failure of mortgage products that were used to fuel the run up of home prices that ended in late 2006. Two scholars at New York University, Ingrid Ellen and Samuel Dastrup, write that the “Great Recession, like previous recessions, has obviously brought […]