Florida Property Tax Revenues Drop - Local Governments Reduce Workweek - 09/30/09 05:42 AM
Florida Property Tax Revenues are dropping due to the lower values of homes throughout the state.  Local governments have no choice but to cut hours for workforce. In a sign of the times I wake to a headline that the town of Wellington, Florida has approved a shift to a 4 day workweek.  This is something that is being seen across Palm Beach county, the state of Florida and parts of the United States as the dramatic drop in home values is pressuring budgets everywhere.  While this isn't news to those of us in the real estate and mortgage industry, the … (3 comments)

Florida Real Estate 2009 Hurricane Free So Far - 09/12/09 02:25 PM
Florida has been very lucky so far this year and that is great news for the struggling housing market.  It is the height of hurricane season and it is dangerous to temp fate here.  However I will, because if I was a timid person I would not be a mortgage loan officer during the worst real estate slump since the great depression.  As bad as the market has been over the last few years, we are not suffering like we did when I first came to Florida in 2005.  That fall I was experienced my first hurricane, it was Wilma and it … (1 comments)

 

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