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Study: Foreign Homebuyers Favour Florida in Greater Numbers

ORLANDO, Fla. – Sept. 23, 2008 – While a number of factors have contributed to a home sales decline in Florida, an increase in foreign homebuyers has modified the trend, according to a just-released research paper from the National Association of Realtors (NAR), the...

Banks: No Exceptions For Short Sales

Sept. 22, 2008 – Increasingly, sellers seeking short sales are encountering a new twist. Lenders are agreeing to let some short sales go through, but they want the home owners to sign a note promising to pay some or all of the balance due – debts that could burden...

$7,500 Tax Credit Available For First Time Buyers

JACKSONVILLE, Fla. – Sept. 18, 2008 – Two big-ticket purchases are coming up for Spencer Craven and his fiancee. They’re buying a townhome and having a wedding. Which will cost them more this year? “Oh, I don’t know,” Craven said with a laugh....