This might not be news – but Friday, May 25th is the start of the Memorial Day Weekend Holiday.  Please remember the purpose of Memorial Day.
FLORIDA HOME SALES
Florida’s home sales remained soft in April though the inventory of homes continued to ease in many markets across the state, according to the Florida Association of Realtors. [...]

HURRICANES Hurricane forecasters expect more tropical storms in the U.S. than normal this season. National Weather Service forecasters said Tuesday they expect 13 to 17 tropical storms, with seven to 10 becoming hurricanes, and three to five in the strong category.
MORTGAGES

SUBPRIME MORTGAGES
Federal banking regulators are giving lenders more flexibility to restructure high-interest rate mortgages for homebuyers with poor credit in an effort to stave off foreclosures. However, federal regulators can’t do more because many of the most-troubled loans originate from independent lenders.

FLORIDA REAL ESTATE TAXES

FLORIDA PROPERTY INSURANCE
Recent property insurance legislation aimed at rate relief for Floridians provides the greatest benefit to households in the highest-risk coastal areas (this could be beneficial for Naples waterfront homes and condos) – but potentially increases household premiums in less-risky areas,  according to a report commissioned by the Property Casualty Insurers Association [...]