Statistics
Florida’s Existing Home, Condo Sales Increase
November 5, 2008 Posted by Florida RealEstateRama
ORLANDO, FL - October 24, 2008 - (RealEstateRama) — For the first time in almost three years, Florida’s existing home sales rose in September, noting a 24 percent increase in activity in the year-to-year comparison; last month’s sales of existing condos statewide increased 11 percent in the year-to-year comparison, according to the latest housing data […]
Several Florida Metro Areas Continue Upswing in Existing Home, Condo Sales in August 2008
September 25, 2008 Posted by Florida RealEstateRama
ORLANDO, FL - September 25, 2008 - (RealEstateRama) — For the second month in a row, several of Florida’s metropolitan statistical areas (MSAs) reported increased sales of both existing single-family homes and existing condos in August 2008, according to the latest housing statistics released by the Florida Association of Realtors® (FAR).
Florida’s existing home sales remain level in July 2008
August 26, 2008 Posted by Florida RealEstateRama
ORLANDO, FL - August - 25, 2008 - (RealEstateRama) — Single-family existing home sales rose in Florida for the first time in more than two years: While only six more homes sold in July 2008 than in July 2007, it could indicate stabilization in Florida’s housing sector, according to the latest housing statistics released by the Florida […]
Florida’s Existing Home, Condo Sales Improve
August 15, 2008 Posted by Florida RealEstateRama
ORLANDO, FL - August 15, 2008 - (RealEstateRama) — During the second quarter of 2008, Florida Realtors® continued to report positive signs for the state’s housing sector, such as an increase in pending home sales (based on contracts signed but not closed) and a slower rate of expansion of inventory levels in some areas.
Florida Existing Home Sales Improve in May
June 27, 2008 Posted by Florida RealEstateRama
ORLANDO, Fla., – Florida Realtors® statewide continued to report positive signs in their local housing markets, with an uptick in existing home and condominium sales in May 2008 from April, according to the latest housing statistics released by the Florida Association of Realtors® (FAR).
Housing starts and building permits decline in May
June 17, 2008 Posted by Florida RealEstateRama
WASHINGTON – The Census Bureau reported this morning that May housing starts fell by 3.3 percent compared to April numbers. Privately-owned housing starts in May were at a seasonally adjusted annual rate of 975,000 compared to the revised April estimate of 1,008,000. Compared to May 2007, starts declined 32.1 percent.
The Conference Board: Consumer Confidence Index down
April 29, 2008 Posted by Florida RealEstateRama
WASHINGTON – April 29, 2008 – Consumer confidence fell 3.6 points in April, though most of the drop resulted from a decline in attitudes about current economic conditions. Expectations about conditions six months in the future remained relatively unchanged, however.
Poll: Most Americans think it’s a good time to buy a home
April 18, 2008 Posted by Florida RealEstateRama
WASHINGTON – April 18, 2008 – A new Reuters/Zogby poll finds that more than half (54 percent) of Americans now think it’s a good time to buy a home. While consumers still view the economy with a wary eye, confidence also improved in April, rebounding to 95.5 percent from a low of 87.7 in March.
Economy slows Florida population growth to lowest level in 30 years
March 31, 2008 Posted by Florida RealEstateRama
GAINESVILLE, Fla. — March 28, 2008 – Migration will continue to fuel Florida’s growth over the next two years, with University of Florida (UF) economists projecting about 575 people moving into the state each day. The growth rate has slowed, however. Between 2002 and 2006, however, the state was a daily in-migration rate of 1,145 […]
Florida’s existing home sales remain slow in February 2008
March 24, 2008 Posted by Florida RealEstateRama
ORLANDO, Fla. – March 24, 2008 – Turmoil in the mortgage market continued to impact Florida’s housing sector in February. Statewide, sales of existing single-family homes totaled 8,310 last month while 11,132 homes sold in February 2007 for a decrease of 25 percent in the year-to-year comparison, according to the Florida Association of Realtors® (FAR).
A rising mortgage rate could nullify future price drops
March 3, 2008 Posted by Florida RealEstateRama
ORLANDO, Fla. – March 3, 2008 – Too many buyers are focusing on home prices and waiting to jump into the market, afraid that a property bought today will be worth less tomorrow. But rising mortgage rates should also be a concern, and many potential buyers could find themselves out of luck if they wait […]
Florida’s Housing Market for 4Q 2007: Sales Activity Remained Soft
February 18, 2008 Posted by Florida RealEstateRama
ORLANDO, Fla., Feb. 14, 2008 –In fourth quarter 2007, Florida’s housing sector continued to report high inventory levels of homes for sale in many markets, median prices edging down and sales activity levels that reflect the impact of tighter lending standards and on-the-fence buyers.
Homeowners optimistic: 77% believe homes held or increased value in 2007
February 8, 2008 Posted by Florida RealEstateRama
SEATTLE – Feb. 7, 2008 – Despite highly publicized reports of a home sales slump and pricing slides, homeowners remain upbeat. While most homes have decreased in value nationwide, 77 percent of owners believe their own home has either held its own or increased in value, according to a recent survey conducted by Harris Interactive […]
Florida’s Existing Home Sales Slower in December 2007
January 24, 2008 Posted by Florida RealEstateRama
ORLANDO, Fla., Jan. 24, 2008 – Sales of existing homes and condominiums in Florida continued to reflect the impact of a sluggish economy and mortgage financing issues in December. Statewide, sales of existing single-family homes totaled 8,828 last month while 12,758 homes sold in December 2006 for a decrease of 31 percent in the year-to-year […]
Provident Bankshares Corporation to Write-Down Investments and Increase Loan Loss Provision
January 11, 2008 Posted by Florida RealEstateRama
BALTIMORE, Jan. 11 /PRNewswire-FirstCall/ — Provident Bankshares Corporation (Nasdaq: PBKS), the parent company of Provident Bank, announced today that it has written down a significant portion of its REIT trust preferred securities portfolio. In addition, the Company has increased the provision for loan losses to reflect the inherent increase in loss rates in its real […]