South Region

Greater Baltimore’s Housing Market Continues Summer Slump

Aug 11th, 2008 | By RT Staff | Category: South Region

Home prices in Greater Baltimore inched up modestly from June to July, though the median sale price for a home in Greater Baltimore is still off from last year and the volume of homes sold remains sluggish.
That’s according to a market data report released Monday by Rockville-based Metropolitan Regional Information Systems Inc.
The median price for [...]



In the Hunt in Floriada Market

Aug 11th, 2008 | By RT Staff | Category: South Region

The most noticeable thing in Charles F. Hunt’s office is what’s missing: No family pictures on the walls. No certificates of achievement. No action figures from a favorite childhood movie perched on the desk.
It is just gray walls and clear windows in Hunt’s Osprey Avenue abode, where his family set up Hunt Real Estate ERA [...]



New CEO to Shape Organization to Today’s Real Estate Market

Aug 8th, 2008 | By RT Staff | Category: South Region

Bill Barnes, the new leader of the Bonita Springs-Estero Association of Realtors knows he is taking the helm in the midst of stormy economic times.
“It’s easy to guide a ship when the ocean is flat,” Barnes said. “We’re on the outer edges of a hurricane here.”
Barnes is a manager and developer of 13 different real [...]



Renters Buoy Downtown Miami Condo Market

Aug 7th, 2008 | By RT Staff | Category: South Region

Renters looking to live closer to work and play are making apartments scarce and driving up prices in the downtown Miami area, according to a recent tracking report.
Fewer than 800 units are available for rent, despite a construction boom during the last five years that produced nearly 21,000 new residences.
Bal Harbour-based Condo Vultures Realty says [...]



United Country Real Estate Responds to Florida Market with Multi-Property Auction

Aug 6th, 2008 | By RT Staff | Category: South Region

More Than $30 Million in Property to be Sold on August 16 in Lakeland. Scott Oglesby, owner/auctioneer of United Country – Oglesby & Company of Bartow, Fla., will conduct a public auction on August 16. The auction will feature more than 70 properties worth an estimated $30 million, including recreational land, large acreages, residential homes, building sites, condos, upscale homes and commercial parcels located throughout Florida.



Florida Foreclosures Auction of Nearly 700 Homes

Aug 5th, 2008 | By RT Staff | Category: South Region

Homes Will Be Auctioned August 12th-17th in Jacksonville, Tampa, Ft. Myers, Miami/Ft. Lauderdale, Orlando and Other Cities



South Florida commercial real estate market sluggish in first two quarters

Jul 30th, 2008 | By Gregory Arzumanov | Category: South Region

Commercial real estate woes are spreading across South Florida as fears intensify over the worsening economy.
Office and retail sectors have turned sluggish in the first two quarters of 2008 following steady growth during the past few years. Firms are postponing expansion plans, downsizing and handing back space to landlords, who are offering free rent and [...]



Texas Property Markets Likely to Cool But Still Outpace U.S.

Jul 17th, 2008 | By RT Staff | Category: South Region

Texas property markets will continue to outpace the nation, but things are likely to cool a bit through next year.
“The Texas housing markets are going to be spotty,” said Dr. James Gaines, a research economist with Texas A&M University’s Real Estate Center.
Some residential markets “will be doing very well and some will be doing poorly,” [...]



Tennessee Real Estate, It’s Not All Bad News

Jul 11th, 2008 | By RT Staff | Category: Housing News, South Region

In this soft market, there are still some developers forging ahead and creating new ownership opportunities as others have decided to close up shop and wait for calmer waters. Tennessee Land & Lakes is taking a pro-active approach, announcing the Grand Opening of Grande Harbour, a new community within Grande Vista Bay, on the shores [...]