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Red virtually covered the entire West Pasco area on a map shown to the County Commission this week about the high risk of more foreclosures. ...more
November 29, 2008
Pasco County will put $9 million into buying and rehabilitating homes in areas hit hard by the banking and foreclosure crises. An additional $6.5 million will go toward down payment assistance. ...more
November 25, 2008
How green is the Pasco valley? Several area real estate agents recently found out as they recently attended classes in Orlando toward earning the National Association of Realtors green designation. ...more
November 15, 2008
Up to 60 percent of homes selling in Florida's hardest-hit markets are distressed properties, and consumers who bought at the height of the market will have to wait up to seven years before values rise to their original prices, a top industry economist said Friday. ...more
November 8, 2008
The economy won't heal until the housing market improves, and that's going to take government intervention. ...more
November 7, 2008
Starting early next year, Pasco County will offer $20 million in down payment help to prospective home buyers, part of a push to put people into the foreclosed and abandoned homes that riddle the county. ...more
October 22, 2008
Starting early next year, Pasco County will offer $20 million in down payment help to prospective home buyers – part of a push to put people back into the foreclosed and abandoned homes that riddle the county. County commissioners today effectively rewrote a proposal by the county's Community Development office for spending $19.5 million in federal housing money aimed at addressing the national housing crisis. The county will add $6 million of its own housing money to increase the federal funding's reach. The proposal original presented to commissioners would have spent $16.3 million on buying and rehabbing run-down homes to make them sellable. Another $4 million was put into helping low- and moderate-income people get mortgages. ...more
October 21, 2008
Bay area housing prices continue to fall, largely because a big chunk of the homes selling are sharply discounted properties in distress, a new report shows. ...more
October 11, 2008
Cory Zarem saw the construction downturn cut the income from his sign business by half and decided he could no longer afford his Sarasota home. ...more
October 6, 2008
The confusion over state tax law that threatened to bottleneck home sales throughout the state has been resolved. ...more
September 24, 2008
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