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Across the country, people are losing their homes. Banks and lenders are taking them back in historic numbers. As the headlines have shouted for months, the Bay area has earned the distinction of having one of the highest foreclosure rates in the nation during the past year. It's almost twice the national average. But the steady drumbeat of numbers doesn't show the human toll. ...more
June 27, 2008
Despite the bursting of the housing bubble, it's still possible to buy homes with no money down. In fact, it's possible to borrow up to 105 percent of the purchase price, leaving the buyer with more debt than the house is worth. ...more
June 10, 2008
Karen Mateson recently approached the Career Central vehicle parked at Pasco-Hernando Community College with cautious curiosity. ...more
May 4, 2008
The Polk County Commission rejected a pair of efforts to roll back the county's impact fees during a contentious Wednesday afternoon hearing. ...more
February 21, 2008
BARTOW - The Polk County commission rejected a pair of efforts to roll back the county's impact fees during a contentious Wednesday afternoon hearing. ...more
February 20, 2008
Florida's state revenue will fall nearly $2.5 billion short this fiscal year and next, taking its steepest nose dive since the early 1990s and behaving as if the state were in a recession, state analysts said Wednesday. ...more
November 15, 2007
Economists have long warned that the world economy could not fly forever on the single engine of American demand. A one-engined plane is more likely to crash. ...more
October 10, 2007
The U.S. housing bust is like a leaking ship. You may still be able to stay afloat, depending upon where and how bad the holes are. ...more
October 9, 2007
CLEARWATER - Sales are still declining but inventory has stabilized, and the slumping Tampa Bay area housing market should turn around by the end of spring, the National Association of Realtors' top economist said Thursday. ...more
October 4, 2007
Two years ago, with Florida awash in tax dollars generated by a sizzling housing market, a nonpartisan public policy group forecast that when housing growth inevitably declined, the drop in tax revenue would mean the state would struggle to provide adequate services to its residents. ...more
September 30, 2007
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