The Department of Commerce stated on Friday that housing construction in April increased by 8.2% to a seasonally adjusted annual rate of 1.03 million units. Apartment construction increased by 36%, while construction in the single family sector fell by 1.7%. Treasury Secretary Henry Paulson added on Friday that “financial markets are considerably calmer now than [...]
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In today’s CNNMoney.com 90: Sarasota, Fla. Population: 55,241 Pros: Great weather and cultural climate; strong retirement and tourism market Con: Real estate downturn has hurt related small businesses Retirees and the arts dominate this stretch of the Florida West Coast, known for fantastic sunsets over the Gulf of Mexico. As in much of Florida, the [...]
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Pursuant to Section 553.844 Florida Statutes strengthening of existing site-built, single family residential structures to resist hurricanes shall be provided. 101.3 When any activity requiring a building permit that is applied for on or after July 1, 2008, and for which the estimated cost is $50,000 or more for a building that is located in [...]
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Excert from today’s Sarasota Herald Tribune: Across Florida, there were 35,264 Florida properties in foreclosure during April, a 17 percent increase on a month-to-month basis and 146 percent year-over-year. Nationwide, the 243,353 properties were a 4 percent increase from the previous month and a nearly 65 percent increase from a year ago. “Although only about 2 [...]
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For Immediate Release Sarasota Association of Realtors® April 22, 2008 For more information, contact Kathy Roberts, 941-328-1170 March sales in Sarasota top 500 for first time since July 2007 Pending sales highest in a year, indicating improving market for summer Overall property sales in the local market for March 2008 topped 500 for the first [...]
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