The U.S. housing slowdown is considered partially responsible for the drop in paint sales. Heath Aston of the TimesOnline reports that US sales of decorative paints fell 7 per cent in the second quarter according to the largest paint maker in the world, AkzoNobel.
Related Florida real estate views:
Buy a handyman special
Builders say tax credit will boost sales.
National real estate market nowhere near the bottom?
- Greg Staker - Watson Realty Corp. - 407-304-0255
Showing posts with label housing trends. Show all posts
Showing posts with label housing trends. Show all posts
Jul 30, 2008
Jun 24, 2008
University of Florida predicts Florida residents will keep their money in their wallet
According to a University of Florida study, consumer confidence in Florida is at an all time low.
“…I would have to predict consumer spending in Florida to pull back dramatically in the coming months.” said Chris McCarty, director of UF’s Survey Research Center.
The housing market is playing a huge role as one might expect. “The current economic decline began with housing and in many ways it will end with housing,” he said. “Housing prices have continued to decline and have yet to stabilize, although there are some signs that prices in some areas are getting near the bottom” McCarty said.
Here is the complete news release.
Related Florida real estate views:
More people sharing living arrangements suggest University of Florida
University of Florida offers a Master of Laws in Environmental and Land Use Law
Stetson University's blog receives makover
- Greg Staker Watson Realty Corp. 407-304-0255
“…I would have to predict consumer spending in Florida to pull back dramatically in the coming months.” said Chris McCarty, director of UF’s Survey Research Center.
The housing market is playing a huge role as one might expect. “The current economic decline began with housing and in many ways it will end with housing,” he said. “Housing prices have continued to decline and have yet to stabilize, although there are some signs that prices in some areas are getting near the bottom” McCarty said.
Here is the complete news release.
Related Florida real estate views:
More people sharing living arrangements suggest University of Florida
University of Florida offers a Master of Laws in Environmental and Land Use Law
Stetson University's blog receives makover
- Greg Staker Watson Realty Corp. 407-304-0255
Jan 14, 2008
Mortgage Banker Association expect home sales to bottom out in 2008
In a recent press release from the Mortgage Banker Association, the Association when addressing the housing situation stated:
"We expect housing starts and home sales to continue to trend down and reach bottom around the end of the 3rd quarter 2008".
Additionally the Association expects mortgage origination to decrease by 18% in 2008.
Related Florida real estate views:
Buyers are choosing fixed rate mortgages
FDIC – Home ownership declines with income levels
Realtors should not write home loans
- Greg Staker - Watson Realty Corp. - 407-304-0255
"We expect housing starts and home sales to continue to trend down and reach bottom around the end of the 3rd quarter 2008".
Additionally the Association expects mortgage origination to decrease by 18% in 2008.
Related Florida real estate views:
Buyers are choosing fixed rate mortgages
FDIC – Home ownership declines with income levels
Realtors should not write home loans
- Greg Staker - Watson Realty Corp. - 407-304-0255
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