OVERALL MARKET OUTLOOK: CAUTIOUSLY UPTRENDING DAYS ON MARKET TREND: NEUTRAL MARKET PRICE TREND: NEUTRAL MARKET ACTIVITY TREND: UPTRENDING From our analysis we believe the Davis Islands Real Estate Market Outlook is “IN UP TREND”. There are three trend areas we analyze to help determine market outlook (Days on Market Trend, Market Price Trend and Market...
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Cristan Fadal
This morning the S&P/Case-Shiller Home Price Index has been released. The % increased in the 20 city composite continued for a third straight month at 1.6% for July over June with the July number at (-13.305) . The consensus forecast was anticipated at -14.20%. As for the Tampa home market, prices increased slightly from June to July...
Tampa Real Estate Market/National Real Estate Market Sales of Existing Homes (Single-Family & Condo) for the month of August. The numbers came in at an annual adjusted rate of 5.10 Million down 2.7% from a level of 5.24 million in July. The July numbers come in about 3.4% above the 4.93 million units sold in August 2008. In summary this...
Tampa Real Estate Market – New Housing Starts – August
September 17, 2009by Cristan Fadal
The Commerce Department released this morning housing starts for August. Privately-owned starts increased by 1.5% to a seasonally adjusted annual rate of 598,000 units, market expectations were 600,000. July’s previously reported starts of 581,000 was adjusted upward to 589,000. While single-family housing starts were at a rate of 479,000 which was 3% below the revised...