TAMPA - Facing foreclosure, the developers of the Ventana condominiums in the Channel District have agreed to hand the keys to the project's lender and walk way, according to documents filed in Hillsborough County Circuit Court. ...more

June 3, 2008

Existing home sales fell for the eighth time in the past nine months, a string of weakness expected to continue as the housing industry, mired in its worst slump in decades, battles falling home prices, tight lending conditions and a weak economy. ...more

May 23, 2008

Home sales in a six-county region of Southern California plunged last month to the slowest pace for any month in more than 20 years, the latest sign would-be buyers remain reluctant to enter a housing market still mired in a steep slump and hobbled by mortgage lending constraints. ...more

February 14, 2008

Purchases of new homes in the United States unexpectedly fell to a 12-year low in December, ending the worst sales year since records began in 1963 and signaling little prospect for a recovery in residential real estate. ...more

January 28, 2008

The yearlong decline in the price of homes sold in Florida was the longest since the Great Depression, and at least one group of economists is revising its target date for a turnaround in the Tampa Bay area from late 2008 to mid-2009. ...more

January 25, 2008

TAMPA -- Sales of existing homes and condominiums in the Tampa Bay area continued to fall in December, according to data released today by the Florida Association of Realtors. ...more

January 24, 2008

Real estate agent Tony Rojas loves his job. But there's one thing that drives him crazy: unrealistic sellers who insist on asking buyers to pay boom-year sales prices despite profound drops in area home values. ...more

January 23, 2008

TAMPA - Real estate agent Tony Rojas loves his job. But there's one thing that drives him crazy: unrealistic sellers who insist on asking buyers to pay boom-year sales prices despite profound drops in area home values. ...more

January 22, 2008

Calling it the "worst housing downturn in our lifetime," an official with the Florida Home Builders Association said Florida's housing industry may finally bottom out at some point this year, but that's assuming the state avoids recession and the government eases the subprime loan mess. ...more

January 11, 2008

The Tampa Bay area's once red-hot real estate market continued to cool this year, even exceeding some economists' gloomiest predictions. During the housing boom, Bay area home prices skyrocketed nearly 140 percent, with the average home price peaking at $237,800 in August 2006. They held steady during most of 2006, when prices were falling in other parts of the country. ...more

December 30, 2007