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Old 06-23-2010, 03:18 PM
 
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**** http://www.msnbc.msn.com/id/37867779...s-real_estate/ Sales of new homes collapsed in May, sinking 33 percent to the lowest level on record as potential buyers stopped shopping for homes once they could no longer receive government tax credits. ****
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Old 06-26-2010, 12:41 PM
 
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Yes, saw that news this week. From what I can see, this isn't really news in SW FL b/c everyone knows new housing is way down.

A more important pulse to keep your finger on is trends with house sales here. May didn't change a whole lot from April--slightly down in number of houses sold in PGPCNP but up in SAR; down about $8K in average sales price (but that fluctuates every month up and down this year). Current Inventory and Months in Inventory continue to go down--a good thing!!! But, another source says the banks are manipulating this CI figure (since many houses are in "short sale" or in middle of foreclosure, there could be a bottleneck and these might not be included in figures). I'm not expert on all this but just learning more as I explore.

Go to this website. Welcome to My Florida Regional MLS. Follow Resources, Statistics. Can pull up various areas in FL. Below is Punta Gorda/Port Charlotte/North Port. There's also one for Sarasota (SAR_STATS).

http://mfrmls.com/documents/stats/PGPCNP_STATS.pdf
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