Prices still increasing Sales of existing homes in the U.S. fell in May to a 6.67 million annual rate, a 1.2% decline from April’s revised 6.75 million annual pace, the National Association of Realtors said Tuesday. April resales were originally seen at 6.76 million. Meanwhile, an improved outlook for the economy’s performance over coming months […]
Florida real estate market giving mixed signals — May 25, 2006 – Florida’s housing sector continued to show signs of market adjustments in April as mortgage rates edged up and the inventory of homes available for sale remained at higher levels in many markets. Statewide, the existing-home median price rose 13 percent to $249,700 […]
Hurricane preparedness – the light side. Palm Coast, FL – June 26, 2006 – A Humorous Look At Hurricane Preparedness To: Ex-Floridians, present Floridians, and future Floridians or those who know a Floridian. We’re about to enter the peak of the hurricane season. Any day now, you’re going to turn on the TV and see […]
Median home prices up, inventory up, number of sales way down. The local real estate market reflected the national trend from 2001 through most of 2005 with sales prices growing at double digit rates. However, when the market entered the typically slow summer months of 2005, it slowed more than usual and has not recovered. […]
Baby Boomers will profoundly effect the market over the next 15 years. By most estimates, the number of Baby Boomers in the US exceeds 62 million souls. This huge wave is approaching retirement age. Some have retired already. But it’s not just the size of the Boomer generation that makes them important to the Florida […]
Recommended for approval by Planning Board but delayed by Flagler County Commissioners. The Landmar marina project at the old cement factory site was approved for a rezoning change by the planning board, making way for the vast new marina. However, the final approval required by the Flagler County Commissioners ran into a stumbling block. Commissioners […]