Tampa

Newsfeed: The Housing Bubble Has Officially Burst : Case-Shiller Records First Drop In Home Prices Since 2012

Newsfeed: The Housing Bubble Has Officially Burst : Case-Shiller Records First Drop In Home Prices Since 2012

Analysts expected Case-Shiller Home Price growth to continue its modest deceleration in August (the latest available data in this heavily lagged and smoothed data set), but the result was a doozy: the 20-City Composite index tumbled 0.44% MoM, far below the 0.20% expected increase, and a sharp decline from the downward revised 0.19% increase in July; more importantly, this was the first sequential drop in home prices tracked by Case-Shiller since March 2012, or ten and a half years.

Newsfeed: Jacksonville Shows Florida’s Real Estate Heat

Newsfeed: Jacksonville Shows Florida’s Real Estate Heat

When looking at the Florida real estate market, many eyes drift to the southern part of the state. NAI Hallmark managing partners Keith Goldfaden and Christian Harden say there’s another “fast-growing, dynamic city that’s become a hotbed for real estate investment” due to a business-friendly environment, skilled employee base, strategic location for logistics, and—what can be a rarity these days—available land, and it’s in the north. It’s Jacksonville.