Location, location, location! This charming, Old Seminole Heights, 1950’s home is close to everything: parks, Florida Ave, I-275 and extremely convenient to downtown! It offers two bedrooms and one bath and welcomes you with large windows, hardwood floors, a generously sized kitchen and an office! The lot is deep and includes two storage sheds, a...
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In this edition of an Islands View we are going to focus on short sales and foreclosures currently on the islands. In the past to see a foreclosure on Davis Islands was a rarity, however with the current housing slump continuing, albeit at a slower pace in the last few months, we are seeing more properties follow...
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.
New Housing Starts and Permits moved forward in May from the lows set in prior months. Housing starts increased 17.2% to an annual rate of 523,000 units according to the Commerce Department. Additionally, New Building Permits rose 4% the largest gain since June of last year. These are encouraging numbers, inparticular if we can continue...