Fed Surprises with Deepest Cut since 1984 The Federal Reserve surprised everyone Tuesday with an emergency intersession rate cut of .75%, the deepest cut in the Fed Funds Rate since 1984. The Fed Governors are acting in direct response to recent reports that the country is on the brink of recession. If you have credit […]
Why Buy a Florida Home Now? Large Inventories Offer Options, Say Florida Realtors(R)
Florida’s real estate market has started a new year with the largest selection of homes and condominiums available for buyers in more than a decade. But factor in a continuing inflow of new residents to Florida and that means inventory levels are likely to decline in 2008. “Buyers have a lot of choices throughout the […]
Best Mortgage Rates allow Buyers to take advantage of homeownership
Mortgage Rates Down to the Low Levels Continuing declines in mortgage rates — down to the lowest levels we’ve seen in nearly two years — should be brightening the outlook for anyone interested in buying or selling real estate.Equally important: Federal Reserve chairman Ben Bernanke has strongly hinted that the Fed will lower short-term rates […]
When is a good time to buy Real Estate-Tampa, Fl
TELL EVERYONE YOU KNOW – VOTE YES ON AMENDMENT 1
TELL EVERYONE YOU KNOW – VOTE YES ON AMENDMENT 1 On January 29th, you will have the opportunity to lower your property taxes by voting Yes on 1. With the passage of Amendment 1, Floridians will gain the freedom to purchase a new home without huge tax penalties, and rental home owners, second home owners […]
Statistics show more people are leaving Florida
The Atlas migration study mirror findings recently released by the U.S. Census Bureau. The agency says Florida slipped from the fourth fastest growing state in the country to the 19th. It also had growth below the overall average in the south. Statistics show more people are leaving Florida. If you are looking to sell your […]
Tax Increase Prevention Actjust passed by Congress
Homeowners whose mortgage lenders allow them to walk away from their debt got a big break from the new Tax Increase Prevention Actjust passed by Congress. Under the old law, debt forgiveness was considered taxable income in many cases – pretty painful stuff when the reason you couldn’t pay your mortgage was because you didn’t […]
Savvy Woman: Questions to Ask Before Buying A Home with a Friend-Tampa Fl
Savvy Woman: Questions to Ask Before Buying A Home with a FriendThe answers to these six questions can make or break your decision.By Tara-Nicholle Nelson Published: 11/01/2007 1) What is your Vision of Home?Ask anyone you’re considering teaming up with for a house purchase to write a Vision of Home and fill out the Wants […]
Lennar Homes unloads 8,300 residential lots
Tampa Bay Business Journal – by Michael Hinman Metro Development Group is getting a hold of nearly 4,000 acres of land in seven counties after completing its largest land purchase in company history. Metro, based in Tampa, is buying nearly 4,900 home sites in Pasco, Hillsborough, Polk and Sarasota counties as well as 3,400 other […]
Buyers Market picking up due to low interest rates- Tampa, Fl
Beautiful Seminole Heights Bungalow Lowest Rates in 25 Months We couldn’t have asked for a better Thanksgiving treat than the one we got on Monday: the lowest 30-year fixed-rate in over two years. That’s right. For those of you who have been patiently waiting, here’s your chance to save anywhere from $5,000 to $7,500 or […]