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Existing home sales across South Florida could rebound in the next three to six months, but demand for new homes probably won't pick up until 2008, a real estate analyst said Wednesday.
"The Realtors will get happy before the builders," Brad Hunter told more than 400 people attending an Urban Land Institute conference at the Palm Beach County Convention Center in West Palm Beach.
If hurricane season ends Nov. 30 without another storm hitting the region, hesitant buyers will start making offers on the glut of unsold homes, said Hunter, who runs the South Florida division of MetroStudy, a West Palm Beach consulting firm. It will take about 18 months after that for new home sales to increase, he said.
Other real estate observers are more skeptical of short-term improvement in a local housing market that slowed dramatically in 2006 after the five-year boom when the price of a typical home more than doubled to well above $300,000.
West Simsbury, CT (PRWEB) October 16, 2006 -- www.webaward.org - The Web Marketing Association is pleased to announce the Best Construction Web Site Winner as part of the 10th annual international WebAward Competition, the Internet's premier website award competition.
"Many construction sites have struggled to move beyond the "brochureware" phase and look like online versions of their printed sales materials," said William Rice, President of the Web Marketing Association. "Feedback from WebAward judges can help websites move beyond this phase allowing them to attract more web visitors."
Construction websites represent a highly competitive industry within the WebAward competition. Each website is judged on the same seven criteria including:
- Design
- Innovation
- Content
- Technology
- Interactivity
- Copy writing
- Ease of use
The overarching goal of the WebAward Competition is to provide a forum to recognize the people and organizations responsible for developing the most effective construction websites on the Net today.
A construction worker was injured in a fall from a Hollywood building under construction Saturday -- at least the third such accident this week. Hollywood Fire-Rescue spokesman Matt Phillips said the worker fell at about 3:45 p.m. from some scaffolding at a building that is under construction at 2227 N. Federal Hwy. ''He fell approximately, from what dispatch told me, 30 feet,'' Phillips said. The man, whose name and age were not immediately known, was taken by ambulance to Memorial Regional Hospital in Hollywood. On Wednesday, pipe fitter Clay Fletcher Sr. of Tennessee died after falling 40 feet from the new casino under construction at the Pompano Park racetrack in Pompano Beach. The federal Occupational Safety and Health Administration is investigating that accident.
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