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South St. Petersburg may not be the most obvious place for real estate investors to make a profit. Homes on some streets are abandoned or dilapidated in low-income neighborhoods tainted by crime. ...more
March 8, 2009
When will this wretched economy bottom out? The recession is already in its 15th month, making it longer than all but two downturns since World War II. For now, everything seems to be getting worse: The Dow is in free fall, jobs are vanishing every day, and one in eight American homeowners is in foreclosure or behind on payments. ...more
March 7, 2009
A stunning 48 percent of the nation's homeowners who have a subprime, adjustable-rate mortgage are behind on their payments or in foreclosure, and that's not the worst of it, new data Thursday showed. ...more
March 5, 2009
Considering my chosen profession, it should come as no surprise that I spend a lot of time reading newspapers. I might even spend a little too much time doing so. Lately, it's becoming more and more difficult for me to scan the headlines and the big stories of the day without feeling my blood pressure rise. As each day goes by, it seems like the America I was born into and grew to dearly love is slipping away. ...more
March 4, 2009
It's a phrase flying liberally from the mouths of nightly news broadcasters and politicians alike: We're in the worst financial crisis since the Great Depression. ...more
March 1, 2009
A spokesman for Ed McMahon says the television personality is in intensive care in a Los Angeles hospital. ...more
February 27, 2009
The developers bought the sprawling property and forced hundreds of long-time residents to move out, with plans to build an exclusive waterfront housing complex. ...more
February 27, 2009
A two-day neighborhood sweep by Tampa code enforcement inspectors produced more than 300 new cases involving more than 500 violations. ...more
February 25, 2009
Adkins: CPR Gives County A Fighting Chance We have two major issues in Hernando County that are hindering the road to economic recovery: home foreclosures and rising unemployment. We can all debate until we are blue in the face whose fault it is. Unscrupulous lenders, overdevelopment, Wall Street, borrowers in over their head, a culture of over reliance of credit. ...more
February 22, 2009
President Barack Obama threw a $75 billion lifeline to millions of Americans on the brink of foreclosure Wednesday, declaring an urgent need for drastic action - not only to save their homes but to keep the housing crisis "from wreaking even greater havoc" on the broader national economy. ...more
February 19, 2009
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