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Home Starts Up 10.8 Percent in 2015 Total housing starts were up in 2015, weighing in at 1.11 million—that's 10.8 percent higher than 2014. This information is based on the Census Bureau's recent December 2015 data release, which allows us to look at 2015's starts as a whole. Despite December being slightly down-- 2.5 percent to 1.15 million—the yearly status overall was positive. “Starts were expected to increase in December because of the unseasonably warm weather, but instead they declined,” says realtor.com® Chief Economist Jonathan Smoke. “However, the monthly change was not statistically significant – the monthly data was too thin and noisy to give a clear reading. Even the year-over-year change in the December reading was not statistically significant. Starts were up 11 percent in 2015, and up in all regions but the Midwest, but single-family starts were up in all regions. Single-family construction finally grew at a double digit pace, nearly matching multi-family.”

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Coral Heights Real Estate Update 2015   As the year comes to a close here is the update for Coral Heights in the City of Oakland Park, Florida. Like many a city along the eastern coast of the United States many cities merge into others, so while technically Coral Heights is located in the city of Oakland Park, it is better known as a suburb of Fort Lauderdale. The map I have included will explain all.

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Galt Ocean Mile Update As the year comes to a close, this post is a review of one of our market areas. Commencing the new year, 2016 I will actively look closely at the activity along Galt Ocean Mile and in particular the following three condominiums: The Commodore, 3430 Galt Ocean Drive Riviera, 3550 Galt Ocean Drive Play del Mar, 3900 Galt Ocean Drive