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Category: General
Good news for Florida Homeowners
According to the Mortgage Bankers Association, Florida has been among the tops states in re-financing real estate growth. Florida baby-boomer homeowners have been successfully able to reduce their mortgage payments and save on expenses while their property values continue to rise. This is good news for their retirement porfolios. According to data released by the National […]
Florida bank, largest ‘underfunded’ financial institution in U.S., sued by shareholders
Florida-based U.S. Century Bank has been sued by some of its minority shareholders, who are angry that the bank’s fortunes have plummeted dramatically as of late. U.S. Century Bank is the largest bank in the country that is considered to be “underfunded,” meaning its assets are considered by some to […]
To make a splash, Florida landowner lists island property on eBay
Here’s an item for the “There’s a Better Way to Do That” files: A Volusia County landowner has listed his Intracoastal Waterway island for sale…on eBay. He is asking $459,000 for the 90-acre island, which has about 20 developable acres. The man who owns the island said he wanted to […]
Vacancy rates in Orlando poised to drop in 2013
If it has seemed to you that there have been a lot of apartment complexes and condominiums being built around Orlando lately, you are onto something. Collier’s International, which creates rental property forecasts that are widely followed in the commercial real estate industry, has predicted that rental property vacancy rates […]
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