Despite a downturn in the housing market, Prudential Tropical Realty is expanding with the purchase of the Marie Powell Realty offices here and in Spring Hill. ...more

October 28, 2007

TAMPA - Existing home sales in the Tampa Bay area slid 40 percent in September compared with the same month last year, and the median sale price dropped 11 percent, further signs that the Bay area's housing market remains sluggish. ...more

October 24, 2007

For more than a year, the Department of Justice has struggled to make a case that Realtor control of Multiple Listing Service data and systems is a barrier to fair and free access and should be shared by all. At the same time, the government agency has been vowing to make real estate more competitive by challenging the current level of sales commissions. ...more

October 18, 2007

St. Joe Co., Florida's largest private landowner afflicted by the worst housing slump in 16 years, plans to eliminate more than 75 percent of its work force, sell about 100,000 acres and scrap its dividend. ...more

October 9, 2007

CLEARWATER - Sales are still declining but inventory has stabilized, and the slumping Tampa Bay area housing market should turn around by the end of spring, the National Association of Realtors' top economist said Thursday. ...more

October 4, 2007

An index that forecasts near-term home sales fell in August to a record low as would-be homebuyers had difficulty getting mortgages. Economists said the housing market's woes show no sign of improving soon. ...more

October 3, 2007

Crumbling consumer confidence and slumping home sales could prove to be a bad combination for retailers, and for the broader economy going into the holiday season, if the labor market contracts further and chokes off spending, economic data showed Tuesday. ...more

September 26, 2007

A trade group for real estate agents on Tuesday lowered its forecast for 2007 existing home sales for the seventh straight month, predicting a drop of 8.6 percent from last year. ...more

September 12, 2007

Stocks finished sharply lower Wednesday as a jittery Wall Street sold off on a report showing a large drop in pending home sales and read anecdotal data from the Federal Reserve's regional banks as offering little assurance that an interest rate cut is likely. The Dow Jones industrial average dropped more than 140 points. ...more

September 6, 2007