Naples Florida Real Estate News – 10/31/07

October 31, 2007

REAL ESTATE TAXES – Will the Legislature’s latest tax fix juice up Florida’s real estate market? Many say the tax-relief package, if approved by voters in January, should help convince buyers to make a commitment – but no one can say how many will take the plunge.
HOMEOWNERS INSURANCE – Florida officials approved another surcharge that will be tacked [...]

Read the full article →

Naples Florida Real Estate News – 10/30/07

October 31, 2007

FLORIDA REAL ESTATE TAXES - It’s voters’ turn: The Florida Legislature passed real estate tax reform and a proposed amendment will appear on the January ballot. The amendment offers moderate relief for homeowners and slight relief for commercial property but does not go as far as an earlier House proposal; and tax portability, as proposed, could face a constitutional [...]

Read the full article →

Naples Swamp Buggy Parade

October 30, 2007

Every October for more than 50 years, the greater Naples area plays host to the Swamp Buggy Races or commonly called by the older residents "The Mile O’ Mud."  Prior to the races in the afternoon a parade takes place in downtown Naples.  The parade brings back the days when Naples was a fishing and [...]

Read the full article →

Naples Florida Real Estate News – 10/29/07

October 29, 2007

FLORIDA REAL ESTATE TAXES - At mid-afternoon, the Florida House was still deliberating over a leaner real estate tax reform package passed out today by the Senate. The proposal would increase the homestead exemption for properties worth at least $75,000 – except for school taxes; would provide a 10 percent cap for non-homestead properties, except for school taxes; and [...]

Read the full article →

Naples Florida Real Estate News – 10/26/07

October 26, 2007

PROPERTY TAXES – If the Legislature’s fussing and fighting over a way to trim property taxes isn’t confusing enough, here’s one more potential complication. There is a remote possibility that legislators’ earlier tax reduction proposal – the “super” homestead exemption – could appear on the same ballot for voters to consider in January.
MORTGAGE - Rates on [...]

Read the full article →

Naples Florida Real Estate News – 10/25/07

October 25, 2007

FLORIDA REAL ESTATE TAXES - How much real estate tax relief Floridians will get, if any, may now hinge on a game of legislative chicken. Lawmakers return on Monday and must approve a plan before Tuesday night. If they fail to do so, a property tax relief amendment won’t make it onto the January ballot.
HOME SALES – Sales of [...]

Read the full article →

Naples Florida Real Estate News – 10/24/07

October 24, 2007

HOME SALES – Mirroring the national trend, turmoil in the mortgage market impacted Florida’s housing sector in September, despite continued low unemployment rates and other positive economic activity. Statewide sales of existing single-family homes totaled 8,688 last month, a decrease of 38 percent compared to September 2006 activity, according to Florida Association of REALTORS. The [...]

Read the full article →

Naples Florida Real Estate News – 10/23/07

October 23, 2007

FLORIDA REAL ESTATE TAXES - The Florida House passed a bipartisan real estate tax reform package yesterday by a 108-2 vote that addresses many issues important to property owners in Naples, Bonita Springs and Estero. It now goes to the Senate for consideration.
MORTGAGE PAYMENT RELIEF - Countrywide Financial Corp., the nation’s largest mortgage lender, said Tuesday it will begin calling [...]

Read the full article →

Naples Florida Real Estate News – 10/22/07

October 22, 2007

REAL ESTATE TAXES – Florida’s House of Representatives released its updated real estate tax reform plan, which includes a number of initiatives. House leaders now hope to build a bipartisan consensus to show the Senate that they’re serious about drastically cutting state real estate taxes.
COMMERCIAL REAL ESTATE – Analysts say the outlook for commercial real estate is cautious but [...]

Read the full article →

Naples Florida Real Estate News – 10/18/07

October 18, 2007

REAL ESTATE TAXES – The Senate passed a plan to lower real estate taxes yesterday, but it differs from the House version of real estate tax reform that includes substantial help for non-homestead and commercial property. The differences must be worked out if voters are to consider an amendment in January.
DISASTER INSURANCE – A move to add [...]

Read the full article →

← Previous Entries