Fewer jobs mean fewer people who can afford to dine out. These are just a few of the factors that create the belief that the drop in casual dining has become another casualty to blame on an unstable housing market. In general, Americas slow economic recovery has resulted in a decline across the board for casual dining restaurants. Instead, more and more consumers are choosing the limited-services establishments, where they do not have to tip.
For the original version including any supplementary images or video, visit http://guardianlv.com/2013/09/unstable-housing-market-blamed-for-drop-in-casual-dining/
Fla.’s Housing Market Continues Upswing in August 2013
“August is the 20th month in a row that we’ve seen the statewide single-family home median sales price increase year-over-year.” Statewide closed sales of existing single-family homes totaled 20,933 in August, up 12.5 percent compared to the year-ago figure, according to data from Florida Realtors Industry Data and Analysis department in partnership with local Realtor boards/associations. Closed sales typically occur 30 to 90 more… days after sales contracts are written. Meanwhile, pending sales contracts that are signed but not yet completed or closed for existing single-family homes last month rose 17.2 percent over the previous August. The statewide median sales price for single-family existing homes last month was $175,000, up 18.6 percent from the previous year. According to the National Association of Realtors(NAR), the national median sales price for existing single-family homes in July 2013 was $214,000, up 13.5 percent from the previous year.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/fla-housing-market-continues-upswing-150500645.html
Homes.com’s Local Market Index and Rebound Reports Show U.S. Housing Market Continuing on Road to Recovery
It provides a closer look at smaller markets nationwide, showing increases in 293 of the top 300 markets, up from 250 the previous month. Year over year, all midsized markets increased. As a complement to the Local Market Index, Homes.com publishes an exclusive Rebound Report, highlighting how the housing recovery process is unfolding across the country. Rebound data for July 2013 in the top 100 markets revealed that 22 markets across the U.S. are fully recovered up from the previous months 19 markets. Additionally, 44 U.S.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/homes-com-local-market-index-110000569.html