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Archive for August, 2007

Florida Housing Market Again Blamed For Budget Shortfall

Wednesday, August 29th, 2007

Facing the worst budget crunch since the 2001, state legislators on Monday were told they might need to slash state spending by more than $2 billion in the next two years. (more…)

Miami Housing Market Struggles to Weather Downturn

Wednesday, August 29th, 2007

Cars parked around construction sites for 17 apartment buildings in the Bayside district of Miami are covered in a film of work dust, but locals fear the buildings could become empty monuments to the housing downturn. (more…)

Tampa Bay, Sarasota Home Sales Decline

Tuesday, August 28th, 2007

Sales of existing homes in the Florida housing market are continuing to track lower than the previous year, according to the monthly report from the Florida Association of Realtors. (more…)

Builders, Florida Mortgage Brokers Offer New Wave of Incentives

Tuesday, August 28th, 2007

A new rash of incentive programs that offer Realtors prizes ranging from higher commissions to a new Mercedes-Benz for closing Florida real estate deals is drawing criticism from many industry professionals. (more…)

Expert Predicts Slow Florida Housing Market Turnaround

Tuesday, August 28th, 2007

A national economist told representatives of the housing industry not to count on a sales turnaround in the Sunshine State for at least 18 months. (more…)

Property Taxes: Battle is Far From Over

Tuesday, August 28th, 2007

Florida Lawmakers spent most of this past legislative session battling over property taxes, and legislation now being filed for next year looks like they’re ready to do it all over again. (more…)

National, Florida Mortgage Lenders Still Marketing Bad Credit Options

Monday, August 27th, 2007

No-money-down Florida mortgages and subprime loans that catered to people with spotty credit are quickly disappearing as lenders tighten their standards in response to a rise in foreclosures… aren’t they? (more…)

Programs Seek to Help Bad Credit Florida Mortgage Holders

Monday, August 27th, 2007

Tens of thousands of homeowners looking to get out from under the crumbling walls of the bad credit Florida mortgage collapse have found refuge in a variety of programs. (more…)

Murky Details in Florida Home Loan Lender Demise

Monday, August 27th, 2007

This much is clear: a Florida home loan lender headquartered in Clearwater is laying off employees. (more…)

The Face of the Southwest Florida Housing Market

Monday, August 27th, 2007

WCI Communities Inc., the embattled home builder, might be the publicly traded face of the Southwest Florida real estate market at the moment. (more…)