Homeowners: tax plan 'better than nothing,' Crist begins campaign (Naples Daily News)
Many homeowners questioned Tuesday about a new property tax-cutting proposal that will be on Florida?s Jan. 29 presidential primary ballot had a common response: ?It?s better than nothing.? That?s not good enough, though, for Miami real estate broker Sep Niakan. He said he?ll probably vote against it to protest what he considers a paltry savings....more...Home Buyers Can Learn From Others' Mortgage Mistakes (HispanicBusiness.com)
What a real estate boom it was. How little guidance people received when taking out a mortgage. That's how I see it and I'm glad Congress is working on ways to make lenders and brokers and investors accountable for making loans that were never, ever going to be repaid....more... Lee foreclosures set a record high (The News-Press)
The number of foreclosures filed in Lee County spiked to an all-time record of 1,538 in October ? led by a big increase in primary homes....more... Rubio Proposes Petition Drive For Deeper Tax Cuts (CBS4 Miami)
After the Florida Senate announced that they had passed a property tax cut proposal that gives the average homeowners about $240 in tax breaks, some lawmakers are talking about starting a petition where the voters will be the ones who demand a more aggressive break on their tax bills....more... Homeowners: tax plan 'better than nothing,' Crist begins campaign (7 News Miami)
TALLAHASSEE, Fla. -- Many homeowners questioned Tuesday about a new property tax-cutting proposal that will be on Florida's Jan. 29 presidential primary ballot had a common response: "It's better than nothing."...more... Home sales continue falling while jobless rate rises (Las Vegas Business Press)
Las Vegas home sales hit their lowest level in nearly seven years in September, local housing analysts reported. Home Builders Reasearch recorded 1,399 new home sales in September, and SalesTraq showed 1,328 sales. Those are lowest numbers since January 2000, the two companies said....more... Transamerica IDEX Mutual Funds Introduces Short-Term Bond Fund (Business Wire via Yahoo! Finance)
DENVER----Transamerica IDEX Mutual Funds today announced the offering of TA IDEX Transamerica Short-Term Bond in class A and C shares. The fund can add support to a portfolio's core with steady income and minimal volatility due to its low interest rate exposure....more... Property tax amendment better than nothing? (WINK TV Southwest Florida)
Lee County Property Appraiser: "I think it's a great beginning, it's certainly not the end. It's the beginning of tax reform."...more... Watch List (Oct. 22-Nov. 3): CRE Headwinds Picking Up Intensity (CoStar Group)
In this week?s issue, the latest commercial real estate indexes, outlooks and surveys see the industry bracing for stiff winds next year when prices, profits and demand will fall from their peaks - if they haven't already. Also: while U.S. CMBS delinquencies......more... |