Archive for the 'News' Category

Live on the beach.

Sunday, September 23rd, 2007

Brand new residence in Panama City Beach, FL. This is a beach front unit. Beautiful view from floor to ceilings window. Watch dolphins play from the living room or enjoy margaritas while watching sunset. No one ever lived in this unit. This is a great opportunity to finally make your dream come true. You can [...]

Broward Cty: Home Sales & Prices Decline

Wednesday, July 4th, 2007

Broward County’s real estate market has seen better days. According to the Florida Association of Realtors the county recorded the worst homes sales in May since the Florida Association of Realtors started keeping track in 1994. Additionally, the median price fell by $12,100, to $367,700 from $379,800 a year ago. For the state of Florida, [...]

NYC Home Prices Continue to Rise

Wednesday, July 4th, 2007

Somebody forgot to tell NYC that there’s a housing slump going on. According to several NYC real estate brokers, prices, particularly in Manhattan have been doing nothing but going up. The median Manhattan condo or co-op apartment sold for between $840,000 and $895,000 during the three months ended June 30. According to Prudential Douglas Elliman, [...]

Top Home Buyer Markets

Tuesday, July 3rd, 2007

Yesterday, we took a look at the Forbes.com recommendations for the top markets for home sellers. Today, we review their choices for the

Best Cities For Home Sellers

Monday, July 2nd, 2007

A Forbes.com study undertook to answer the question of which city has the most favorable housing market for homeowners looking to sell? The winner, Raleigh, N.C. Working in Raleigh’s favor is a lack of a significant inventory glut and a healthy local economy Forbes performed a comprehensive study using data from Moody’s Economy.com and the [...]

Seattle: Market Still Performing Well

Thursday, June 28th, 2007

While many real estate markets across the country are feeling the pain of the current housing slump, a few are still doing quite well. Among those dancing the happy dance is Seattle. Recent National Association of Realtor (NAR) data showed that the median home sale price in Seattle was $380,200 during the first three months [...]

East Lake Estate on market for $20M

Thursday, June 28th, 2007

Ex-NBA star Matt Geiger has put his home on the market. This luxury estate located in East Lake in Pinellas County can be yours for a mere $19.9M. So, what does one get for such a price tag? The 28,000 square foot home houses several lavish bars, a DJ station and dance floor, hot tubs, [...]

Existing Homes Sales Continue to Decline

Wednesday, June 27th, 2007

On Monday, the National Association of Realtors announced that sales of existing homes in May fell to their lowest point in almost four years. Sales fell 0.3% month-over-month to an annualized 5.99 million. These numbers signified the poorest performance since June 2003 and a 10.3% decline from the year before. Housing inventories also continue to [...]

CA: Sales Down, Median Price Up

Tuesday, June 26th, 2007

Released this week by the California Association of Realtors (CAR) were the housing numbers for California in the month of May. Home sales decreased 25 % in May in California compared with the same period a year ago, while the median price of an existing home increased 4.8%. Closed escrow sales of existing, single-family detached [...]

Housing Starts Drop

Monday, June 25th, 2007

Last week, the U.S. government released data showing that the seasonally adjusted annual rate of housing starts for May dropped 2% from April. Compared to last November, starts are off nearly 6%. Looking at the data on an annual basis reveals that housing starts are almost one-quarter lower compared to a year earlier. Alex Beuzelin, [...]