ECONOMYEconomic growth picked up in the second quarter as tax rebates energized U.S. consumers, analysts said. The U.S. Commerce Department reported that gross domestic product, or GDP, increased at an annual rate of 1.9 percent in the April-to-June period.Read the full story:http://www.floridare
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07/31/2008
Consumer confidence among Floridians rose one point to 60 in July from its revised index and all-time low record in June, signaling that state residents may be looking ahead to when the housing market picks up, a new University of Florida study finds. Read the Full Story: http://www.floridarealto
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07/30/2008
Property insurance can be expensive, and many homebuyers don't fully understand what they're buying or how they can save money. The general key: Pay for adequate coverage without being grossly underinsured. Read the Full Story: http://www.floridarealtors.org/NewsAndEvents/n3-072908.cfm
07/29/2008
HOUSING RESCUE Homeowner help is on the way: Congress approved mortgage relief for 400,000 struggling homeowners Saturday that also aims to calm jittery financial markets and bolster the sagging economy. President Bush said he would sign it promptly, despite his reservations. Read the full story:
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07/28/2008
WASHINGTON - July 28, 2008 - Congress approved mortgage relief for 400,000 struggling homeowners Saturday as part of an election-year housing plan that also aims to calm jittery financial markets and bolster the sagging economy. President Bush said he would sign it promptly, despite reservations.
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07/28/2008
MORTGAGE INDUSTRYFacing calls for his termination after allowing thousands of criminals to sell home loans in Florida, the state's embattled chief mortgage regulator proposed changes that would toughen the state law to help keep felons out of the industry. Meanwhile, a bill in Congress could impo
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07/25/2008
ORLANDO, Fla. - July 24, 2008 - Many Florida Realtors® statewide noted positive movement in their local housing markets in June, with an upswing in the statewide median price reported for both existing home sales and condominium sales over May 2008, according to the latest housing statistics rele
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07/24/2008
July 23, 2008 - A recent survey conducted by Harris Interactive on behalf of Move Inc. shows that 44 percent of homebuyers expect improvements in the housing market when the new president is installed next year. To read full story: http://www.floridarealtors.org/NewsAndEvents/n5-072308.cfm
07/23/2008
FHA LOANSDo you have buyers considering a foreclosed property that needs some work? They may be interested in finding out more about an FHA loan known as a 203k rehab loan. Industry experts think these loans could help buyers who need to rehab foreclosed properties that were vandalized or strippe
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07/21/2008
FANNIE AND FREDDIETreasury officials and senior lawmakers huddled behind closed doors yesterday, searching for a way the Treasury Department might safely invest in mortgage finance giants Fannie Mae and Freddie Mac without exposing taxpayers to massive losses.Read the full story:http://www.florid
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07/18/2008
