Metas
Naples Real Estate News 02/21/08
HOMEOWNERS INSURANCE - Homeowners insurance wasn’t supposed to be a big issue in the 2008 Legislature. But it is. “Continuing to have our friends in the Legislature keep the industry’s feet to the fire is incredibly important,” Florida Governor Crist said during an interview with The Associated Press.
JUMBO LOANS - Don’t expect sharply lower rates on jumbo mortgages anytime soon, even if the government’s economic stimulus package guarantees higher amounts. Wall Street, which operates the secondary mortgage market, still considers them riskier.
INCOME TAX DEDUCTIONS - It’s shaping up to be a less painful year for many taxpayers as new 2007 tax forms more clearly outline certain housing deductions. Plus, most filers will be getting a special payment from the government, thanks to the economic stimulus package enacted last week.
55+ HOUSING - According to data compiled by NAHB, more than a quarter of a million people will buy new housing in communities specifically built for those ages 55 or older, and more than 100,000 units constructed in 2008 will be targeted to this growing niche market.
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