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Archive for April, 2008

As housing falls, short sales becoming common

Wednesday, April 16th, 2008

Buyers can get deals, but process usually takes much more time By Jane Hodges MSNBC contributor updated 7:29 a.m. ET, Tues., April. 8, 2008 The Village at Green River in Corona, Calif., began marketing 19 newly-built townhouses in July 2007, just as the national real estate market began flagging. The average price of the homes, […]

Why Home Buyers Should Understand the Importance of Interest Rate Drops

Sunday, April 13th, 2008

by Ki Gray Real Estate buyers are usually highly focused on the purchase price of a property. This is a legitimate concern. The purchase price is one of the most important considerations in a real estate transaction. But at the same time home buyers too frequently treat interest rates as a secondary concern. Many buyers […]

Now is the Best Time to Buy a New Home!

Saturday, April 12th, 2008

Existing Home Sales Rise 2.9% In February, 2008 Source: National Association of Realtors, March 24, 2008 Demand for Florida Housing will Increase. In 2008, more than 300,000 people will move to Florida, generating a demand for 150,000 for-sale and rental homes. Source: floridarealtors.org, “2008: Moving in the Right Direction” There are 76 million baby boomers […]

Long odds for tax-assessment limits sought by Rubio

Thursday, April 10th, 2008

TALLAHASSEE, Fla. – April 10, 2008 – Property taxes may not have dropped like a rock, but a measure to set in stone a 1.35 percent yearly cap in the growth of all future property-tax bills got hearings in the House and Senate on Wednesday.The proposed constitutional amendment would limit the increase in tax assessments […]

Existing-Home Sales to Stablize Before Upturn in Second Half of 2008

Wednesday, April 9th, 2008

WASHINGTON, April 08, 2008  Little change is expected in existing-home sales over the next few months, before improving notably during the second half of the year, according to the latest forecast by the National Association of Realtors®.

Florida & Metro Forecast 2008 – 2010

Tuesday, April 8th, 2008

From 2008 to 2010. Gross State Product will grow at a 2.6% rate. Click here to view this 92 page report Editor’s Comment: An excellent indepth article from the University of Central Florida’s School of Business @ UCF’s Institute of Economic Competitiveness | Posted: 04/08/08 at 0315 EST

Inverness offers full day of fun

Friday, April 4th, 2008

By Chris Van Ormer Community events follow one after another Saturday in Inverness. Start with a business expo in the morning, move onto a classic car show in the afternoon, and finish by enjoying a concert a little later in the Courthouse Square. The Inverness Olde Towne Association presents this full day of activities.

State officials confident Florida real-estate sales will rebound

Friday, April 4th, 2008

By Steve Liner BUSINESS MATTERS EDITOR • March 27, 2008 When Florida’s Realtors hosted lunch in the Capitol courtyard Wednesday, they were hoping for good news to go with their Chinese chicken salad. Elected officials gave them a feast. “Sales in Florida were up 23 percent in February over January,” said Florida Association of Realtors […]

THE ISSUE: Encouraging waterfront homeowners to construct barriers between yards and water.

Thursday, April 3rd, 2008

By the Chronicle editorial board.Reducing runoff helps waterways The Citrus County Task Force is discussing a program that would encourage waterfront homeowners to take simple steps to reduce pollution in waterways.

Common ground: Saving Three Sisters Springs

Wednesday, April 2nd, 2008

By Gerry Mulligan Common ground: Saving Three Sisters Springs There are a lot of people who have different visions of what Citrus County’s future might look like. Some believe the doors should be closed and the county should remain exactly the same.

Survey of Florida’s Emerging Market Conditions

Wednesday, April 2nd, 2008

Despite the growing concerns about recession, residential foreclosures, falling house prices and disruption of financial markets, our survey respondents maintain an unchanged, even slightly positive view of investment in Florida real estate at this time.