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Historic Alafia River - 2.5 acres with 450 feet of beautiful riverfront. Just minutes from FishHawk and no HOA!!

2.5 acres of Beautiful Riverfront - Natural, peaceful and still close to everything

For Sale $249,900

November Real Estate News

 
 

This Month in Real Estate
November 2009
Commentary
 
Budding signs of recovery continued last month. The encouraging news arrived in a number of closely followed economic indicators. On Thursday, October 29, the U.S. Commerce Department stated the country’s recession has officially ended, at least as leading data indicates.
U.S. GDP expanded 3.5 percent in the third quarter, the first period of quarterly growth [...]

November 16th, 2009 | Tags: , , , | Category: 1st Time Home Buyers, Buying a Home, Home Mortgages, Tampa Bay Real Estate Market, Tax Credit, Tips and Tricks | Leave a comment

FHA Helps CONDO Market with Rule Change

The Federal Housing Administration is giving the condo market something it hasn’t had for a while - a little breathing room.
Last week, the FHA, the federal agency that insures low-downpayment home loans for private lenders, said it was relaxing its building underwriting guidelines as a way of helping the struggling sector ride out the downturn. [...]

November 12th, 2009 | Tags: , , , | Category: Buying a Home, Home Mortgages, Homebuyer Tax Credit, Tampa Bay Real Estate Market | Leave a comment

1 in 20 Americans Plan to Buy a Home Within the next 12 Months

One in 20 Americans say they plan to buy a home within the next year, and they’re most likely to be 34 years old or younger and living in the South or West, according to a survey released Wednesday.
Roughly a quarter of potential buyers said the No. 1 reason they would buy now is because [...]

November 12th, 2009 | Tags: , , , , | Category: 1st Time Home Buyers, Buying a Home, Homebuyer Tax Credit, Selling your property, Tax Credit | Leave a comment

FAQs on Changes to the HOMEBUYER TAX CREDIT

Here are some of the most frequently asked questions on the changes to the Homebuyer Tax Credit
Question: Existing homeowner credit: Must the new house cost more than the old house?

Answer: No. Thus, for example, individuals who move from a high cost area to a lower cost area who meet all eligibility requirements will qualify for [...]

November 6th, 2009 | Category: 1st Time Home Buyers, Homebuyer Tax Credit, Tampa Bay Real Estate Market, Tax Credit | Leave a comment

2 more companies join the Government to purchase Toxic Assets.

WASHINGTON - Nov. 4, 2009 - Two more large investment companies have together raised enough money to join with the government in buying toxic assets held by banks so they can resume more normal lending to support an economic recovery.
The Treasury Department said Tuesday that New York-based Angelo, Gordon & Co. LP and Norwalk, Connecticut-based [...]

November 5th, 2009 | Tags: | Category: Home Mortgages, Property Ownership and Government, bailout | Leave a comment

Choose your lender carefully.

More than 100 arrested for mortgage fraud
TAMPA, Fla. (AP) - Nov. 4, 2009 - A federal prosecutor says a crackdown on organized mortgage fraud this year has yielded 105 arrests from Jacksonville to Fort Myers.
A. Brian Albritton, the U.S. attorney for Florida’s middle district, announced the results of the nine-month investigation at news conferences Tuesday [...]

November 5th, 2009 | Category: 1st Time Home Buyers, Home Mortgages | Leave a comment