CDD defaults may be disaster for a swath of homeowners
Saturday | via St. Petersburg Times
More than 50 of Tampa Bay's community development districts are in or near default, a condition that could have serious ramifications for thousands of homeowners across Tampa Bay and accelerate the decline of already troubled Florida banks. Comment?
At Brooksville's Cascades, a glimmer of housing hope
Friday Dec 4 | via St. Petersburg Times
Beverly and Hank Johnson hope things at the development they live in, Cascades at Southern Hills on the edge of Brooksville, are looking up after the bankrupt tract was bought by investors. Comment?
Realtor: Housing market stabilizing
Thursday Dec 3 | via Hernando Today
In October, the average sales price for an existing single-family home in Hernando County was $117,932, down from $122,494 one year earlier. Comment?
Home permits down, existing sales on the rise
Wednesday Nov 25 | via Hernando Today
October was an especially bad month for the construction industry as the county issued only four single-family home permits. Comment?
Muslims get example of caring in Hernando County
Saturday Nov 14 | via St. Petersburg Times
Muslims set fine example of caring I was upset about Michael Burmann and his comments to the commissioners concerning the Muslims receiving recognition for their generosity during Thanksgiving. Comment?
RE/MAX realtor lists Plantation 4BD for $1.195M
45 min ago | via South Florida BlockShopper
Valmir Gagliardi and Anthony Westermann have listed for sale a four-bedroom, three-bath home at 601 Carrot Wood Terrace in Plantation for $1.195 million. Comment?
Bank: We're tops in fixing mortgages
13 hrs ago | via The Orlando Sentinel
So far this year, Bank of America Corp. has sent more than 160,000 distressed homeowners into the Obama administration's main foreclosure prevention program - the most of any mortgage player, the bank said Monday. Comment?
Kottkamp speaks at toxic drywall rally
10 hrs ago | via Gasparilla Gazette
Organizer Brenda Brincku called toxic drywall "the Silent Hurricane" at a rally to bring awareness of the issue held Saturday at The Shell Factory & Nature Park. Comment?
Where U.S. Homes Are Most Overpriced
Yesterday | via Forbes
Properties in these cities stay on the market longest, and sell for less than asking price. Comment?
Hundreds attend 'One Day Condo Sale' in Bradfordville
Yesterday | via Tallahassee Democrat
The bargain hunters were out in force Saturday at a special one-day condominium sale put on by owner Rudnick Development and The Naumann Group Real Estate Inc. Comment?
SEC charges ex-N.Century execs in...
1 min ago | via Town Hall
Securities regulators on Monday charged three former executives at now-bankrupt lender New Century with fraud, the latest government attempt to bring major players in the subprime mortgage market to justice. Comment?
CMBS Loan Defaults Rose to Record in Third Quarter a...
3 min ago | via Bloomberg Business News
Delinquencies on commercial mortgage- backed securities rose to a record in the third quarter as unemployment rose and landlords struggled to retain tenants. Comment?
Court upholds sentence in mortgage fraud
3 min ago | via WMC-TV Memphis
An appeals court has upheld the 1-year sentence of the former owner of Freedom Financial Mortgage Company in Little Rock. Comment?
Bernanke Sees Weak Jobs, Tight Credit
4 min ago | via BusinessWeek
Federal Reserve Chairman Ben S. Bernanke said the U.S. economy faces "formidable headwinds," including a weak labor market and tight credit that are likely to produce a "moderate" pace of expansion. Comment?
Keeping Our Neighborhoods Intact
4 min ago | via Carroll County News
Most Americans aspire to own their own homes, and it has long been a component of the American Dream. Comment?