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July 24, 2009
United States


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No cruises and no sale for the port of Pensacola, FL.
Many Pensacolians have an understandable if unrealistic dream: Board a ship in their hometown and see new business at the struggling Port of Pensacola. Don't hold your breath waiting for your cruise ship to come in here. The cruise industry faces a tough economy, the market for Caribbean cruises is shrinking, the needed facilities cost $40 million or more. Still, the forecast isn't all bad.
@ Pensacola News Journal | Posted: 07/24/09 at 0201 EDST
In housing, a search for solid direction in the SW Florida market
Month-to-month home sales in Sarasota-Bradenton showed a moderating market while year-over-year statistics still painted a difficult picture. The Sarasota-Bradenton market saw both prices and the number of sales inch up in June from May: six more homes were sold and the latest median sales price of $162,700 was up 3.8 percent from the previous month. But compared with June 2008, prices were still down 30 percent -- the fourth biggest drop in the state -- and sales numbers themselves also dropped.
@ Sarasota Herald Tribune | Posted: 07/24/09 at 0315 EDST
Dillard’s confirms store closings Bradenton and Sarasota locations
Two Dillard’s stores that made their debut in this region together will exit Manatee and Sarasota counties together. Both department stores opened in 1992, and both are likely to close at the end of the year.
@ Bradenton Herald | Posted: 07/24/09 at 0320 EDST
Home sales surge, but prices don't budge much in Orlando
Florida's existing-home sales rose year-over-year for a 10th consecutive month in June, mirroring sales in the Orlando area, though the statewide median price — like Orlando's — remained sharply lower than it was just a year ago. Resales of single-family homes were up 28 percent in June, to 15,850 statewide.
@ Orlando Sentinel | Posted: 07/24/09 at 0330 EDST
Tampa Bay homes sales rise 21 percent for June, but foreclosures cutting into prices
Tampa Bay area home sales rose 21 percent in June compared with a year earlier
@ St. Petersburg Times | Posted: 07/24/09 at 0345 EDST
Home sale prices rise in Palm Beach County, fall in Treasure Coast
Defying a flood of foreclosures and a rising jobless rate, Palm Beach County home prices spiked in June to their highest point in nine months. The median price of an existing single-family home in Palm Beach County rose to $250,300, up 7 percent from May and the highest level since October. The number of sales in Palm Beach County also rose, hitting 859 in June, up 15 percent from a year ago.
@ Palm Beach Post | Posted: 07/24/09 at 0400 EDST
Tallahassee among only three markets with slight decline from 2008
Realtor sales of existing homes in the Tallahassee metropolitan statistical area, which includes Leon and surrounding counties, totaled 212 in June, down 1 percent from June 2008. The local median home price for the month was $177,200, which trailed last year's $199,000 by 11 percent.
@ Tallahassee Democrat | Posted: 07/24/09 at 0415 EDST
Florida’s existing home, condo sales rise in June 2009
Florida’s existing home sales rose in June – the 10th consecutive month that sales activity showed gains in the year-to-year comparison. Existing home sales rose 28 percent last month with a total of 15,850 homes sold statewide compared to 12,339 homes sold in June 2008. Florida Realtors also reported a 39 percent rise in statewide sales of existing condos in June; existing condo sales last month rose 8.3 percent over the total units sold in May.
@ Florida Association of Realtors | Posted: 07/24/09 at 0419 EDST
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International
Spanish Rents Fall in Worst Housing Glut Since 1950s
The number of properties for rent in Spain climbed 55 percent in the past two years to 3.3 million, the highest since the Ministry of Housing started collecting the data in 2004. Rents in cities, including Madrid and Barcelona, are falling for the first time in seven years with declines of as much as 8 percent.
@ Bloomberg News | Posted: 07/24/09 at 0646 EDST
Solutions Sought for Unemployment in Costa Rica

Editor's Comment: Quite a story. Unemployment is the same the world over.
@ Tico Times Costa Rica | Posted: 07/24/09 at 0652 EDST
Bahamas trade deficit grows
Despite increasing exports to some countries last year, The Bahamas' trade deficit grew once again in 2008, topping $2.5 billion. Estimates on foreign trade show that during the year 2008 the value of commodities imported into The Bahamas totaled some $3.2 billion. Total exports for 2008 totaled $701.5 million.
@ | Posted: 07/01/09 at 0655 EDST
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