For the month of September, Florida new home purchases grew faster month over month and year over year than the rest of the country.
The Mortgage Bankers Association's Builder Application Survey showed that for the total US mortgage applications for newly built homes drop 1% month over month. But in the state of Florida, those applications rose 1.6% and marked an increase of 10.7% over September of last year.
There are several new home construction sites in the Tampa Metro area, including Arbor Woods by Taylor Morrison which just started construction this month.
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Source: Florida Association of Realtors
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