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Residential Real Estate Industry News Headlines | Bizjournals.com
Real Estate:Residential headlines from the week of July 21, 2008

Douglas County ranked fourth in U.S. for wage growth
Douglas County topped other Colorado cities — and most of the country — for wage growth in the fourth quarter of 2007, the federal Bureau of Labor Statistics reported Thursday.


Residential community management firm opens in Albuquerque
The community association management company Associated Asset Management, out of Phoenix, has opened a satellite office in Albuquerque.


Hawaii stocks down as home sales slip
Hawaii stocks were mostly down Thursday as the major indexes fell on poor existing home sales results. (CPF) (NUT) (BOH) (MLP) (BRN) (HE)


Orlando-area existing home sales up 3% in June
The Florida Association of Realtors on Thursday reported its first jump in sales in Orlando-area monthly home sales since late 2005.


Houston home sales down 12.6 percent in June
Existing home sales are declining both nationally and locally as the housing market continues to tighten.


Schwarzenegger urges GOP to include infrastructure in platform
California Gov. Arnold Schwarzenegger sent a letter Thursday to Congressman Kevin McCarthy, chairman of the Republican National Committee's Platform Committee, requesting that the GOP make federal infrastructure investment part of it's official platform.


FAR: South Florida home sales continue decline
Year-over-year single-family home sales and prices declined again in June, across South Florida and the state, a Florida Association of Realtors report showed.


Survey: Rich homeowners want to live on an island
Homeowners who've already invested $1 million or more for their primary residence dream of having a home on an island, according to a national survey by an international brokerage firm.


Sandy Spring Bancorp sets aside more money for bad loans
Sandy Spring Bancorp said its provision for loan and lease losses last quarter reached $6.2 million, compared with $800,000 in the same quarter a year ago.


June home sales up from May, down from a year ago
Existing home sales in Northeast Florida were up for both single-family and condominium units in June compared to May, but continued to lag behind last June's sales.


Home sales continue drop in Cincinnati, N. Ky.
The summer season hasn't brought much relief for home sales in Cincinnati and Northern Kentucky, which continued their double-digit drop, year over year.


Vacant homes continue at record levels in U.S.
The percentage of vacant homes available for sale in the U.S. continues to hover at record levels.


Realtors: June home sales, inventory on decline
While a continued shrinking of Central Ohio's housing inventory could mean good news in the future, the Columbus Board of Realtors on Thursday reported another decline in existing home sales and prices in June.


The Woodlands apartment complex set to grow
Plantation Apartments at The Woodlands, a 312-unit luxury apartment complex located north of Houston, is about to go through a growth spurt.


Albany region home sales drop 17 percent in first half of year; prices steady
Single-family home sales in the Albany, N.Y., region plunged 17 percent during the first half of this year but prices remained steady, according to preliminary data released today.



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