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Homeowners Cling to False Optimism About Own Home

TAMPA, Fla. – Nov. 13, 2008 – The housing market may have bust, but many homeowners are still living in a bubble. Despite dismal housing headlines and reports showing falling prices nationwide, owners in some once-hot areas still believe their home is gaining value or...

Florida’s Existing Home Sales Increase in Third Quarter 2008

ORLANDO, Fla., Nov. 13, 2008 – Sales of existing single-family homes in Florida rose 5% in third quarter 2008 compared to the same period last year, according to the latest housing statistics from the Florida Association of Realtors® (FAR). A total of 33,203 existing...

HUD Announces New Permanent FHA Mortgage Loan Limits

WASHINGTON – Nov. 12, 2008 – U.S. Department of Housing and Urban Development (HUD) Secretary Steve Preston today announced the new Federal Housing Administration (FHA) mortgage loan limits for single-family homes as prescribed by the Housing and Economic Recovery Act...

Government Launches Sweeping New Loan Aid Effort

WASHINGTON – The government and the mortgage industry are launching the most sweeping effort yet to help troubled homeowners by speeding up the process for renegotiating hundreds of thousands of delinquent loans held by Fannie Mae and Freddie Mac. The Federal...

Amendment 3 Passes Without Recount in Florida

TALLAHASSEE, Fla. – An amendment creating property tax exemptions for residential hurricane-proofing and energy efficiency improvements is going into the Florida Constitution without a recount. The Elections Canvassing Commission headed by Gov. Charlie Crist...