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Sales of new homes tumbled for the sixth time in seven months in May while median prices kept plunging, underscoring the depth of the nation's housing woes. ...more
June 26, 2008
TAMPA - The housing slump is far from over, with home prices in Tampa and elsewhere continuing to fall in April, according to a private survey released this morning. ...more
June 24, 2008
Watching a thunderstorm from behind the windows of a deluxe apartment 30 stories above downtown Tampa, Ed Balchon considered trading in the suburbs for urban living. ...more
June 22, 2008
The city's redevelopment efforts have been dealt another blow. St. Petersburg-based developer Grady Pridgen, who planned to build a massive retail and residential complex with condos, shops and offices overlooking the Pithlachascotee River, has put the property on the market, leaving the future of the project uncertain. ...more
June 21, 2008
Mobs of fans greeted the opening this week of build-it-yourself furniture chain Ikea's first store in New York City - but the fervor is masking shoppers' underlying frugality. ...more
June 20, 2008
The city's redevelopment efforts have been dealt another blow. St. Petersburg-based developer Grady Pridgen, who planned to build a massive retail and residential complex with condos, shops and offices overlooking the Pithlachascotee River, has put the property on the market, leaving the future of the project uncertain. ...more
June 20, 2008
The U.S. economy may be suffering from its first bout of stagflation since the start of this decade, reports on housing, prices and manufacturing indicated. ...more
June 18, 2008
As if home builders didn't have enough to worry about with plunging home prices and rising foreclosures, the surge in oil prices is driving up the cost of key construction materials and further eroding homebuyers' confidence. ...more
June 14, 2008
I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy. ... I mean, that's a storybook, man." ...more
June 12, 2008
Credit-rating agencies are betting that the housing downturn will deepen well into next year, dragging out homebuilders' woes. ...more
June 11, 2008
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