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The Bay area's housing market is weak, but there are signs that home sales are starting to stabilize. In other parts of the country, though, selling a home is getting tougher, according to two reports from real estate groups Thursday. ...more
July 25, 2008
How did Tampa Bay's housing market fare in June? Well, it depends on how you look at it. Slightly more single-family homes sold in June than in May, and the median sales price rose by more than $2,000, according to existing home sales data released today by the Florida Association of Realtors. The median price — in which half the homes sold for more and half for less — was $178,700, up from $176,100 in May. ...more
July 24, 2008
With fewer homebuyers in the South signing sales contracts to purchase existing homes in May than in April, the region showed the largest regional drop across the nation, a report released Tuesday said. ...more
July 9, 2008
TAMPA — A pending sales index shows 7.1 percent fewer home buyers in the South signed sales contracts to purchase existing homes in May than in April. It was the largest regional drop, according to a report released today by the National Association of Realtors. The index for the South also hit a new low, said Mike Larson an analyst with Weiss Research in Jupiter. It was a disappointment, he said, because, "the housing market had a bit of bounce in April because of moves made by the Feds to lower interest rates. ...more
July 8, 2008
For the first time in 21/2 years, home sales in the Tampa Bay area increased, but condominium sales continued to plunge. ...more
June 27, 2008
Homebuilder Lennar Corp. said Thursday that it managed to narrow its second-quarter loss, but Chief Executive Officer Stuart Miller gave a dour outlook for the industry, saying the housing market has yet to hit bottom and ruling out prospects of a recovery this year. ...more
June 27, 2008
TAMPA - For the first time in two and a half years, home sales in the Tampa Bay area increased while condominium sales continued to plunge. ...more
June 26, 2008
After last week's plunge, the dollar climbed against the euro in late New York trading as several government officials and President Bush voiced their support for a strong U.S. currency. ...more
June 10, 2008
Pending home sales unexpectedly rose in April to the highest reading since October, an industry group said Monday, but experts say the large proportion of distressed property sales will continue to weigh down prices. ...more
June 10, 2008
Ready to hear something positive about the real estate market? Coldwell Banker Residential Real Estate officials say the company is selling one of every three homes it has listed within the first 30 days. ...more
June 8, 2008
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