Featured Articles: |
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NAR:
Home prices expected to fall for remainder of 2006:
Housing prices will have a limited fall throughout 2006,
according to testimony submitted by the National Association
of Realtors® (NAR)...Click
here for more>>
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Global housing trends point the way for U.S.: London's financial newspaper, The Economist, points out that worldwide the housing market is doing better than it did a year ago. Click here for more>> |
| Business groups back change for the Florida Constitution:
A coalition of Florida's strongest business groups...has banded together to promote passage of a constitutional amendment that voters will consider in November. Click here for more>> |
Transportation key to industry: Industrial real estate is a bit like the weather as it is everywhere but very few people understand it.
As an owner, developer and broker of industrial real estate I believe... Click here for more>> |
Developer buys condo rights near eagle nest: A developer has agreed to pay Collier County $6 million for approval to build a condo community within 35 feet of an active bald eagle nest. Click here for more>>
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Seaside firm turns to value range marketing to spur sales: In a cooled-down housing market, most sellers probably will agree that some offer on a property is better than none at all, said Walton County Realtor Bryan Pritchett. Click here for more>> |
Tip of the Month:
TIP OF THE MONTH
Tax time again! By now everyone’s gotten their
TRIM notices and all Floridians have realized a substantial
gain in value over the past year, especially those with
non homestead or investment property.
The tax amount is comprised of your assessed value
multiplied by the municipality’s millage rate
in which you reside. The assessed value is based on
the comparable sales around your property over the past
year and the millage rate on the municipality’s
budget in which you reside.
If you have an issue with your assessed value, each
county has a Value Board of Adjustments that will hear
your case if you file your petition timely.
You can find out more about this process in your county
by visiting your county property appraiser’s website
which you will find on my “Links”
page.
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Helpful Resources:
Bank of America - Latest equity research on Ft. Myers, Orlando, Miami, Tampa and Charlotte, NC
Collier County Website
Lee County Website
Mortgage Rates:
| Loan Type |
Today |
Last Week |
| 30 yr fixed mtg |
5.94% |
5.95% |
| 15 yr fixed mtg |
5.64% |
5.66% |
| 5/1 ARM |
5.69% |
5.71% |
| 30 yr fixed jumbo mtg |
6.21% |
6.23% |
| 5/1 jumbo ARM |
5.81% |
5.82% |
|
