January Residential Property Values Drop 0.6%
Home prices are also rising in the Tampa market in the last three months (2.8% between November and January). Home prices in another Florida market, Miami, also have increased in the last two months, rising 1.2% in December followed by 0.5% in January.
Read more on MarketWatch (press release)
Southwest Florida real estate sales up 20 percent in January and February
"Doc stamps," as they are commonly known, are collected on total prices of newly sold and conveyed property throughout Florida. The jump in sales represents yet another indication that Southwest Florida's real estate recovery has caught up to, …
Read more on Sarasota Herald-Tribune
Bidding wars break out over Tampa Bay area homes
Tuccillo described Florida's housing market as being in a "mini-recovery" that will continue to normalize as unemployment falls. In Florida, the current median price for all single-family homes jumped from $ 125000 in February 2011 to $ 134000 last month …
Read more on Tampabay.com
Feds Pay Top Dollar for Flood-Risk Jacksonville Homes
(Source: Steve Patterson The Florida Times-Union, Jacksonville (MCT) — With a ton of Jacksonville houses underwater, you might be surprised where you can still sell a house for a profit: the federal government. Since 2009, a program financed mainly by …
Read more on LoanSafe
Zillow: Healthy rental market good for home values
By Paul Owers March 13, 2012 12:10 PM South Florida rental rates rose in January from a year ago while home values declined over the same period, according to real estate website Zillow.com. The Zillow Rent Index for Palm Beach, Broward and Miami-Dade …
Read more on Sun-Sentinel (blog)
Study: Average Orlando-area worker can't afford fair-market rent by self
By Mary Shanklin, Orlando Sentinel Orlando's now-cheaper home prices have made the area one of the most affordable housing markets in the country, but don't tell that to the area's minimum-wage earners. Like other metro areas in the state, …
Read more on Orlando Sentinel
Rise in Phoenix Housing Shows Path for Other Cities
By NICK TIMIRAOS PHOENIX—As home prices continue to drop in most cities, a nascent real-estate rebound here holds lessons for the rest of the country. This sprawling desert metropolis was one of the hardest hit housing markets during the bust.
Read more on Wall Street Journal
Willow Tufano, Florida 14-Year-Old, Buys House With Money Made Off Of …
In some places, home values have plummeted so far that even a teenager can get into the housing market. And no, that teenager isn't Justin Bieber. Willow Tufano, a Florida 14-year-old, recently purchased her first home, NPR reports.
Read more on Huffington Post
Florida Economy 2012
Home sales rose a whopping 11 percent over the past year. An even more promising sign, prices stabilized. The median sales price for a home in Florida is 130-thousand. John Sebree of Florida Realtors is pleased. “I think for 2012 what we are going to …
Read more on WJHG-TV
How to Duck the Starbucks Price Jump
You can make your own coffee at home for pennies, and you certainly aren't entitled to extra foam for free. Yet it still seems a little bit tone deaf that a purveyor of food and drink would raise its prices when we're all struggling, …
Read more on The Stir
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