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Bank of America Corp. has become the latest in a string of big banks whose second-quarter earnings, while hurting from the impact of the credit crisis, still managed to beat Wall Street expectations. ...more
July 22, 2008
The intense pain caused by the bursting of the housing bubble is beginning to ease. Really. ...more
July 11, 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
The news on property values in Pasco County isn't good. Year to year they have dropped 10 percent and are expected to decline more in the coming year. ...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
Orders to U.S. factories turned in the weakest performance in three months in May, reflecting slumping demand for autos, heavy machinery and steel. ...more
July 3, 2008
Sales of new homes tumbled for the sixth time in seven months in May while median prices kept plunging, underscoring the depth of the nation's housing woes. ...more
June 26, 2008
TAMPA Airlines seeking relief from rising fuel costs are trimming flights nationwide or using smaller aircraft. That's resulting in the loss of hundreds of seats on Tampa International Airport flights, compared with a year ago. ...more
June 25, 2008
Home prices tumbled in the Tampa Bay area in April, a slide that has continued for months and mirrors a national trend. ...more
June 25, 2008
Just two months ago, Aaron Brokenbough had no clout and little say when lenders moved to foreclose on his home. His Philadelphia row house was scheduled for a sheriff's sale, the end of the road for most homeowners who are behind in mortgage payments. ...more
June 17, 2008
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