Lower property values bring .4M drop in revenue for Worcester
Property assessments are done every three years, rotating between Ocean City, northern Worcester and southern Worcester. Ocean City's projected 10-15 percent drop in property values in fiscal year 2012 represents the resort's greatest decrease to date, …
Read more on Delmarva Daily Times
Home Sales Rebound Sharply
By Kevin Chiu Pushed by record low mortgage rates and home prices that have fallen drastically from their peak highs, home sales are experiencing sharp rebounds in the Northeast and Midwestern regions of the US, according to the National Association of …
Read more on Housing Predictor
Home sales end year locally on upswing
Record-low interest rates, affordable prices and general improvements in the economy drove more buyers to the market in 2011, which marked the third-straight year of improved housing sales, according to numbers released Friday by Florida Realtors.
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Fewer Foreclosures Could Mean Lower Home Prices
But what if the current, unique state of the housing market turns that assumption on its head? Foreclosure sales now make up a full one third of the market nationally and far higher percentages in states like California, Florida, Nevada, and Georgia.
Read more on CNBC.com
Home sales optimism
While home prices are expected to dip nationally, they should be flat-to-improving in the San Antonio area. “In general, Texas and the Plains states have been stable throughout the boom and bust,” said David Stiff, chief economist and vice president of …
Read more on San Antonio Express
Southwest Missouri 'best place to be' for a housing comeback
In fact, recently a report stated that sales in the fourth quarter of 2011 were worse than the previous year. However, things could be much worse — the problem is three or four times as bad in states such as California, Nevada and Florida.
Read more on Bolivar Herald Free Press
Protesters Interrupt LT. Gov's Speech at FAMU
Florida Lt. Governor Jennifer Carroll was the keynote speaker Friday at FAMU's annual Black History Month Convocation. But not everyone was happy with her message. In front of a packed house at FAMU's Lee Hall, protesters interrupted the speech of Lt.
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