This morning the S&P/Case-Shiller Home Price Index has been released. The % decline in the 20 city compsite continued to -17.1%, however this was less of a decline than the prior month of -18.1%. The consensus forecast was anticipated at -17.90%. Todays data reflects a 4th consecutive month of improving decline. As for the Tampa home market the...
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Daily Market Sip
This morning the economic report on New Home Sales has been released. As we had anticipated this number rose to 384K in June, from a seasonally adjusted of 346K in May. The consensus estimates were at 352K. Sales have now risen for three straight months. All this being said the median sales price for new homes...
Tampa Real Estate Market View 7/9/2009 – Citizens Home Rate Increase 2010
July 9, 2009by Cristan Fadal
Well it looks like those of us with Citizens Property Insurance in the South Florida area might see up to a 10% increase in rates, while at the same time those individuals in other counties might actually see a decrease. Citizens Insurance Board approved on a 5 to 3 vote a 10% increase in rates for many...
The real estate market for new home sales continued it slow pace. The commerice department reported today that sales on new homes dropped .6% to an annual rate of 342K. In a year over year perspective we are down some 33%. Economist had estimated sales of 360K so this number was disappointing.