More Debt A Mistake It is government intervention in the mortgage industry that got us in this mess. How can they expect us to trust them to get us out by slamming more long-term debt? They just need to cut taxes. ...more

February 11, 2009

Hundreds of people are lined up in Fort Myers today for tickets to a town hall meeting with President Barack Obama. ...more

February 9, 2009

Realtors across the country have been advocating for a comprehensive stimulus package to reduce housing inventory, make mortgages more affordable and available, and help deserving families refinance or modify their loans so they can keep their home. The 650-plus members of the Heartland Association of Realtors and the Lake Placid Board of Realtors are committed to these goals and to getting something done immediately. ...more

February 8, 2009

Buyers eager to snatch up deals on Florida condos may have to fork over bigger down payments and face more intense reviews of their potential purchases. ...more

February 6, 2009

Buyers anxious to snatch up deals on Florida condos may have to plunk down higher down payments and have the condominium complex scrutinized. Fannie Mae, one of the largest providers of U.S. mortgages, is requiring more cash upfront and taking over the condo review process from its lenders. Amy Bonitatibus, Fannie Mae spokeswoman, said that's because condos are at a higher risk of failure in this economy. ...more

February 5, 2009

An index that tracks signed contracts to purchase existing homes rebounded in December, as buyers snapped up properties at deep discounts, especially in the South and Midwest. ...more

February 4, 2009

Mortgage finance company Freddie Mac said it will allow some borrowers to rent their homes after losing them to foreclosure. ...more

January 31, 2009

Home prices in the Tampa Bay area continued to fall in November, posting a 20.9 percent decline, according to the S&P/Case-Shiller home-price index, released Tuesday. ...more

January 28, 2009

Home prices in the Tampa Bay area continued to fall in November, posting a 20.9 percent decline, according to the S&P/Case-Shiller home-price index, released this morning. ...more

January 27, 2009

Most congressional Democrats say the quickest way to save homeowners like Troy Butler of Saginaw, Mich., is to let them declare bankruptcy and allow judges to dictate new mortgage terms. ...more

January 25, 2009