Kendrick Meek and the Housing Market: Main Street Must Prosper Again

WASHINGTON, DC - February 23, 2010 - (RealEstateRama) — Kendrick Meek today released the following statement regarding President Obama’s decision to use funding from the Troubled Asset Relief Program (TARP) to support Florida homeowners and stabilize the housing market

Florida’s Existing Housing Market Reflects Mortgage, Economic Issues at Year End 2008

ORLANDO, Fla., Jan. 26, 2009 – Florida’s housing market mirrored the national trend in 2008, as mortgage industry troubles, unsettled financial markets, tightened credit and other economic issues impacted sales and prices.

Florida’s Existing Housing Market Shows Improving Conditions in June 2008

ORLANDO, Fla., July 24, 2008 - (RealEstateRama) — Many Florida Realtors® statewide noted positive movement in their local housing markets in June, with an upswing in the statewide median price reported for both existing home sales and condominium sales over May 2008, according to the latest housing statistics released by the Florida Association of Realtors® […]

Martinez: Congress Must Take Additional Steps to Help Stem Mortgage Crisis

Senator urges bipartisan cooperation to address issues affecting homeowners and larger economy
WASHINGTON - U.S. Senator Mel Martinez (R-FL) today called for quick action by Congress to address the ongoing mortgage crisis affecting Florida and the nation. In a speech on the Senate floor, Martinez called for specific solutions to help alleviate the fallout of the […]

NAHB Research Center Releases New Findings from Study of Soft Housing Market’s Impact on Product Manufacturers

New Findings from 2008 Survey of Home Builders Reveals Recent Changes in Business Operations, Promotional Tactics, and Attitudes toward New Product Purchases
Orlando, Fla. - While the U.S. housing market continued its slide through 2007, home builders have implemented some dramatic changes in how they build and sell homes to remain competitive and profitable. As a […]

Sinking dollar gives foreigners ‘upper hand’

MIAMI – March 11, 2008 – From atop any gleaming, half-sold condo project, South Florida’s housing market looks bleak.
Viewed from abroad, it looks brighter.

Homeowners optimistic: 77% believe homes held or increased value in 2007

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 real estate giant St. Joe cutting jobs, land

St. Joe, a big player in Florida real estate, said it would reduce staff and sell off substantial acreage.
The housing-market decline has taken its toll on another giant Florida real estate company. St. Joe, Florida’s largest private landowner, plans to eliminate more than 75 percent of its workforce and sell about 100,000 acres of land.