Fort Lauderdale based home builder, Levitt and Sons received permission from the bankruptcy court to walk away from 4,000 residential lots that served as collateral on loans from Bank of America and KeyBank. (more…)

Prices for single-family homes are down throughout Central Florida, in some areas for the first time in nearly a decade. (more…)

Jon Brock was sure that Polk County’s rental home market would take off, just like property values did nearly two years ago. (more…)

The housing boom may seem a distant memory, but experts say the real-estate speculation and “creative” Florida mortgage financing it generated are now driving many investors and homeowners into bankruptcy, especially in the Central Florida housing market. (more…)

As local home sales plods along with rising Florida home prices and a more than 18-month supply at the existing drowsy sales pace, a new report casts another industry roadblock. (more…)

After nearly two decades of smooth sailing, Federal Trust Bank has run into some serious head winds in its Florida home loan lending. (more…)

And now, for a Central Florida housing market report. (more…)

Florida is in a funk.

That much we know, statewide, with the Central Florida housing market no exception. The big question now is whether this will morph into a serious economic downturn. (more…)

It’s a part of the process that doesn’t that much attention, but it’s nonetheless helping to put a damper on the already slow Central Florida housing market. (more…)

The median Orlando home price last month nearly matched the May 2006 price of $250,000, the Orlando Regional Realtor Association reported yesterday. (more…)