Thursday, February 26th, 2009

Florida Home Sales on the Rise

Florida’s existing home sales rose 24 percent in January, making it the fifth month in a row that sales activity increased year-to-year, according to the latest housing data from FAR. Florida Realtors also reported a 13 percent gain in statewide sales of existing condos last month. NAR reported that nationwide sales of existing homes – [...]

Thursday, February 26th, 2009

Sotheby’s Financial Condition

Here at Signature Sotheby’s we are pleased to announce that yesterday Sotheby’s parent company Realogy released its financial and operating results for the full year 2008.   In 2008, Realogy produced $411 million of earnings before interest, taxes, depreciation and amortization (EBITDA) after adjusting out non-cash impairment charges along with non-operating merger and legacy costs [...]

Saturday, February 21st, 2009

There is Good News in The Marketplace

How often have we heard it said that the press is better at telling the negative news than the positive news? The reality is that there is some very encouraging news out there for folks trying to sell their homes and it isn’t getting much coverage. Pending single family home sales rose to 571 in [...]