Let’s take a look at some of the opportunities and positive indicators for the future of Florida’s real estate market. Long-term economic and demographic trends continue to favor Florida. By 2010 it has been forecast that Florida will be the third most populated state in the country. Florida’s population is expected to increase about 75 […]
Archives: September 2008
Cities to get $4 billion in foreclosure aid
WASHINGTON – Sept. 17, 2008 – The Foreclosure Prevention Act, which passed in July, allocates $4 billion to cities and states that have been hardest hit by the surge in foreclosures over the last year. Recipients will be able to use the money – which is an addition to the usual funding for the Community […]
New law gives first-time buyers $7,500 tax credit
WASHINGTON – Aug. 1, 2008 – Tell first-time homebuyers it’s time to commit: A provision of the recently-passed federal housing recovery bill gives first-time buyers an interest-free loan of up to $7,500 in the form of an income tax credit. The credit equals 10 percent of a home’s cost up to $7,500, and applies to […]