According to the Sun Sentinel Online:
Despite falling prices, many first-time buyers left out of the market
First-time home buyers just can’t win.
Many were left out of the market during the housing boom of 2000 to 2005 because homes were too expensive. But now, even with sellers desperate and prices plummeting across South Florida, first-time buyers still [...]
A company called Altos Research has issued a new report that will add some real time perspective to market conditions. Since most of the reports take months to generate, Altos intends to lower the playing field by providing quicker market statistics. Their inaugural report looks at 20 major metro markets which allows them to publish key statistics about pricing, supply, demand and trends, while drawing conclusions about what’s happening in local markets.
The Real IQ figures by Altos consulting for December indicate that the National Picture is still not looking too great. I have singled out the data for the Florida market and compared Miami with Tampa and you can see that Tampa is still showing signs of distress but did better than Miami with number of days on market averaging 109 days over the last 3 months.
While listing inventories fell some what in Tampa and around the U.S Miami fluctuated upwards slightly.
Where Tampa and Miami fared close was in the Percentage of Inventor
The pain in the local housing market isn’t limited to Realtors and people trying to sell their homes. Construction workers also are getting their share. Brevard County has lost a big chunk of its construction jobs during the past year, as a result of the slumping housing sector
Central Florida’s most troubled real estate: low-end condos. Where are values level? Established neighborhoods. What prices are rising? Lakefront property.
That is a synopsis of what lies behind the property-tax rolls appraisers reported to the state by Monday.
Overall the news for Central Florida underscored a trend that began in about 2005, when high insurance and unbridled [...]
Central Florida’s most troubled real estate: low-end condos. Where are values level? Established neighborhoods. What prices are rising? Lakefront property.
That is a synopsis of what lies behind the property-tax rolls appraisers reported to the state by Monday.
Overall the news for Central Florida underscored a trend that began in about 2005, when high insurance and [...]
Steve Allen LaBrake, his wife Paulette Lynne LaBrake, and Chester ("Chet") Maurice Luney have lost their appeal of convictions and sentences that arose out of their involvement in a Tampa bribery and fraud conspiracy. Steve LaBrake had been head of the City of Tampa’s Community Redevelopment Agency, and Lynne LaBrake had been a senior redevelopment counselor for that agency. Luney had served as CEO of the Tampa Hillsborough Action Plan, …Read More...
