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Is the glass half empty? Is the glass half full? Is the glass about to fall on our big toe? We ask these questions in the wake of a report from the Florida Association of Realtors that housing sales along the Suncoast rose 16 percent in December, compared to a 3 percent decrease in November. Times being what they are, some people are choosing to see a gloomy lining to this silver cloud of housing news. ...more
January 28, 2009
Home sales in the Bay area rose more in December than any month since the downturn began. ...more
January 27, 2009
Home sales in the Bay area rose more in December than any month since the downturn began. It's a sign that sales prices, which continue to plummet, are enticing buyers. ...more
January 26, 2009
The major banks are a mess. New-home construction has nearly stopped. A flood of foreclosed homes has driven prices to rock-bottom levels. ...more
January 25, 2009
The weakening economy hit area builders extra hard at the end of 2008, when new home starts hit a record low. ...more
January 23, 2009
Pending U.S. home sales fell to the lowest level on record in November, the National Association of Realtors said Tuesday. The index tracks signed contracts to purchase existing homes. Typically, there is a one- to two-month lag between a contract and a done deal. So November's decline foreshadows bleak results for December's existing-home sales numbers, set to be released Jan. 26. ...more
January 7, 2009
U.S. mortgage rates dropped to the lowest level in nearly four decades this week as the government stepped up efforts to revive the housing market. ...more
January 1, 2009
Thanks From The Hoffman Family This holiday season, Kyle Martin, a staff writer for the Hernando Today, highlighted a family in dire straits as they attended the Jericho Ministries Christmas Eve luncheon. I wanted to take the time to thank Kyle and those who support the recovery of the Hoffman family. ...more
December 31, 2008
Sales prices for Tampa Bay area homes continued to plummet last month as buyers recoiled from October's financial wreckage on Wall Street. ...more
December 24, 2008
Prices for Bay area homes continued to plummet in November as buyers recoiled from October's financial wreckage on Wall Street. ...more
December 23, 2008
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