American homeowners can breathe (a small) sigh of relief. The U.S. announced a $25 billion deal Thursday with the nation’s largest banks – after more than a year of bickering and about-faces – that would provide some help for people struggling to pay their mortgages. The settlement comes after evidence emerged late in 2010 that banks robo-signed thousands of foreclosure documents without properly reviewing paperwork. The Obama...

Read More

After years of free-falling prices and stagnant demand, Florida’s housing market is poised to grow — and the Tampa metro area is better positioned for a turnaround than the state’s other large metropolitan areas. The excess supply of housing inventory is dwindling in the Tampa-St. Petersburg-Clearwater area, and it now costs about the same to buy as it does to rent a home here, said Chris Lafakis, who follows Florida for...

Read More

Florida’s Statutory new interest rate for judgments effective January 1, 2012 is 4.75%. To find out more click here: http://www.myfloridacfo.com/aadir/interest.htm  

Read More