Thursday, January 26, 2012

Builders' optimism grows

Increased interest by potential buyers left U.S. home builders more optimistic about the housing market in January for the fourth straight month. The National Association of Home Builders/ Wells Fargo builder sentiment index rose to the highest level since June 2007, And, for just the third time the index has been at 20 or above in two years.

Source: Tampa Bay Times 1/19/12

Tuesday, January 3, 2012

Pinellas County Condo Sales Climb 25 Percent in November

Overall residential unit sales increased from 885 to 1059, or 20% from November 2010 to November 2011. The median sales price is up $14,000 year to date. Active listings decreased 30% from November 2010 to November 2011.

Condo sales from November 2010 to November 2011 are up nearly 25%. Listings decreased from 5,422 to 4,166, or down 23% year over year.

Source: Pinellas County Realtor Organization