Florida Housing Resists First-Quarter Freeze May 13, 2014 455 Views Florida Realtors Home Prices Home Sales Housing Supply 2014-05-13 Tory Barringer While this year’s first quarter was a chilly one for much of the country, the same can’t be said for Florida, where temperatures—and housing market conditions—remained fair.“The first three months of 2014 show a strong housing market in Florida, with diminishing distressed property sales,” said Sherri Meadows, 2014 Florida Realtors president. “More jobs are being created, putting more Florida residents back to work, and our population continues to increase. All of these factors are bolstering the state’s economy and providing a solid foundation for a strong housing market.”True to its name, the Sunshine State saw home sales continue to warm throughout the first few months of 2014, coming to a total of 50,251, up 2.3 percent over the same time last year.Sales were helped in part by a recovery in single-family inventory levels, which were up 12 percent from Q1 2013, according to Meadows. With the boost, single-family months’ supply came to 5.7, just under the six month level experts largely regard as a balancing point between buyers and sellers.Meanwhile, the statewide median sales price for single-family existing homes was $168,000, an increase of 9.1 percent year-over-year. Sellers—whether in the single-family or townhouse market—received on average more than 92 percent of their original listing price, Meadows said. Share in Data, Headlines, News
Basel, Switzerland – Reported by Elite Traveler, the Private Jet Lifestyle MagazineLa Montre Hermès, led by CEO Luc Perramond, kicked off this year’s Baselworld watch and jewelry show with the unveiling of the house’s newest timepiece, the Arceau Le Temps suspendu.In keeping with the “time made-to-measure” theme that originated in 2008 with the Cape Cod Grandes Heures series, the latest Arceau watch boasts an impressive new complication developed in collaboration with Agenhor founder Jean-Marc Wiederrecht in Geneva.By pressing the pusher at 9 o’clock, the wearer can stop the hour and minute hands around noon while completely concealing the date hand—effectively “suspending” time, as the mechanism itself continues to track standard time. Two minutes or even two months later—depending on the wearer’s preference—another touch of the pusher will reposition the three hands to their original place and time, resuming their movement. The module enlists the help of a triple retrograde system including two 360-degree functions (for the hour and minute hands). A world first, this innovative watch is protected by two patents.Visit www.hermes.com.