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Archive for April, 2007

Bills Aim to Cut Down on Terminated Florida Condo Contracts

Monday, April 30th, 2007

Two bills floating around Tallahassee could make it more difficult for condominium investors to back out of contracts with developers, a process builders say has been a big contributor to increased construction costs.

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Should You Pay Off a Florida Mortgage Early?

Monday, April 30th, 2007

It seems like an easy call, but some experts’ guidance regarding this age-old financial question may surprise you.

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The First Florida Housing Market Slump

Monday, April 30th, 2007

Because history often repeats itself, analysts often look to the past to predict future Florida mortgage and housing market trends.

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Florida Mortgage Lender Reports Spike in Problem Home Loans

Monday, April 30th, 2007

The first-quarter profits of BankAtlantic Bancorp dropped significantly, the South Florida Sun-Sentinel reported Friday, as the bank reported a sharp increase in troubled Florida mortgage loans.

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Panama City Housing Market Report: Condo Sales Rise; Home Sales, Prices Fall

Monday, April 30th, 2007

In line with the rest of Florida, Panama City home sales declined in March as the state saw significant drops in most housing markets.

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Second Home Buyers in Miami Feeling Property Tax Squeeze

Monday, April 30th, 2007

Soaring property tax bills are making it increasingly burdensome to buy or keep a second home in Florida, raising questions about the future of a real estate niche that’s long been a mainstay of the state’s economy.

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Broward Couple Claims Fraud on Florida Home Loans in Lee County

Monday, April 30th, 2007

Daphne and Randolph Sewell thought they were risking only $15,000 in the summer of 2005 when they took out $750,000 in construction loans for three First Home Builders houses in Lee County.

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More Florida Mortgage, Housing Market Problems Forecast For 2007

Sunday, April 29th, 2007

With home prices still falling and Florida mortgage foreclosures rising, home builders won’t see better days until the end of the year, industry economists said Thursday.

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South Florida Housing Market Awaits Property Tax Answers

Saturday, April 28th, 2007

South Florida home sales stayed sluggish in March, as buyers and sellers waited to see whether the Florida Legislature will lower property taxes.

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Surprise, Surprise: Brevard County Home Sales Rise 16 Percent in March

Saturday, April 28th, 2007

The Brevard County housing market showed signs of life last month, with sales increasing in March from February, while prices held steady.

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