Home prices may be leveling [Southwest Florida]

Home prices may be leveling [Southwest Florida] Southwest Florida’s sagging housing market showed signs of stabilization in November, with Sarasota-Bradenton agents selling twice as many existing single-family homes as Miami and with prices perking up from fall lows. “Our area was inflated for so long,” said Garrick Newman, a Re/Max agent in Bradenton. “But over …

New York City real estate market immune to malaise; home values rise again

New York City real estate market immune to malaise; home values rise again None of the bad news about the U.S. housing market has seemed to matter to the big spenders lining up to buy homes and apartments in New York City. The average sales price for a Big Apple dwelling climbed to $782,000 (€531,178) …

Real estate projection called doom d’jour

Real estate projection called doom d’jour Local agents disagree with gloomy report The Punta Gorda/Port Charlotte/North Port area will see the greatest decline in home prices in the nation before its real estate market turns around in the spring of 2009. At least, that prediction was cited in a Wall Street Journal article published Thursday. …