Housing affordability hovers near record level

Nationwide housing affordability during the second quarter of 2011 hovered for the 10th consecutive quarter near its highest level in the more than 20 years, according to National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). According to...
Island tourism continues upward trend

Island tourism continues upward trend

Good news for all owners of vacation homes on the island: Visits to the Anna Maria Island/Longboat Key area showed no sign of decline in June, tourism rose 6.5 percent that month compared with June 2010, according to the latest Research Data Services monthly tourism...

Market Update July 2011

The median sales price of listed single-family homes in July was $250,000,  the highest since December 2009, according to the most recent multiple listings report from the Manatee Association of Realtors. The median price of condominiums sold, $121,500, is at the...

Florida leads in terms of attracting foreign buyers

Most states report some degree of international buying activity. Yet Florida alone accounts for 58% of all sales to international buyers. Moreover, Florida’s share—presently at 31.0%—is higher than the combined shares of California (12.0%), Texas (9.0%) and Arizona...