PROPERTY TAXES As House and Senate property tax negotiators continued to parley on how much should be cut, Gov. Charlie Crist proposed a plan Wednesday that would basically split the difference. However, Crist’s plan doesn’t include any sort of proposal to increase sales taxes in exchange for reducing and potentially eliminating property taxes.
SUBPRIME MORTGAGES [...]

FLORIDA HOME SALES Florida’s existing home sales remained at a sustainable pace in March, with buyers continuing to see favorable mortgage rates and a range of housing options available across the state, according to FAR. A total of 13,469 single-family existing homes sold last month for a 28 percent decrease from the March 2006 [...]

FLORIDA PROPERTY TAXES
The Florida Senate unanimously passed its property tax reform proposal yesterday; now, a joint House/Senate committee must work out a compromise agreement between the two bills. While far apart on some issues, both bills include a business exemption on the tangible personal property tax and a rollback in property taxes to a level [...]

FHA In testimony before a U.S. House committee yesterday, HUD officials said that a modernization of HUD’s FHA lending program would help many homeowners who find they can no longer afford their subprime ARM mortgage payments.
MORTGAGES Turmoil in the mortgage market is ensnaring more companies who lend to people with decent credit, the [...]