Naples FL Real Estate News - 07/18/07
Today’s post for Naples FL real estate news discusses more on homeowners insurance, subprime mortgages and the national economy.
FLORIDA HOMEOWNERS INSURANCE - In a question and answer format, State Chief Financial Officer Alex Sink reflects on Florida’s unique financial challenges: insurance, taxes and real estate.
SUBPRIME MORTGAGES - Federal and state bank regulators will be scrutinizing and initiating corrective actions against some lenders that make home loans to Americans with shaky credit, focusing on companies that operate outside federal banking oversight.
ECONOMY - A drop in homeownership costs has played a major role in the declining inflation rate, according to research by the Bureau of Labor Statistics, and the data factors into the Federal Reserve’s stance on maintaining a moderate inflation rate.
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