ARCHIVED BLOG POSTS
2007
5
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This is a great article by Bloomberg on the likely upcoming cut to the overnight rate by the Fed. While not a shining bullet it wuld certainly help with the difficulty many are having obtaining financing give the market change. However, this article shows that almost two thirds of people expect a...
10/31/2007
4
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http://www.orlandosentinel.com/news/local/state/orl-taxes3107oct31,0,1197036.story The newest solution will finally head out to voters in January. The good news i that there is some protection for non-homesteaded proeprties. The bad news is that it is very, very little. While the 10% cap on job p...
10/31/2007
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I just got this message from FAR. This seems like a more comprehensive solution that originally put forward. I think it's a good idea to limit commercial property. The difference between the 3% cap and the 5% cap still leads to an exponential function which will increase prices for non-homesteade...
10/21/2007
5
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A Leon County judge decided that the wording in the summary of the newly proposed tax plan was insufficient because it did not clearly state that the Save Our Homes amendment (amendment 10 to Florida's Constitution) would be phased out over time. Rather than correcting the summary language in the...
10/09/2007
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Last night's announcement that the current City Commission retained ALL of their seats is a very positive step for the City of Ormond Beach. Earlier in the year, after a very confusing height limit restriction referendum, it appeared that the public had lost faith in the City Commission. The lead...
10/09/2007
Real Estate Resources
This blog is intended to update people who are interested in buying and selling homes, condos, or other real estate in the Volusia and Flagler market. While it is called Real Estate in Daytona Beach Area we will address statistics ranging from New Smyrna to Palm Coast and west to include Deland, Deltona, etc. I will also cover topics regarding investing in residential and commercial real estate. I encourage comments from everyone and am very interested in feedback and opinions.