REAL ESTATE TAXES – Florida’s tax commission will decide tomorrow whether to put a proposed constitutional amendment – called the Taxpayers Bill of Rights – on the November ballot. At least 30 states currently have some type of taxation or spending limit and three have both.
REAL ESTATE INVESTING – The subprime meltdown in the United States is creating great prospects for opportunistic investors and causing a lot of funds to be set up to scoop up properties on the cheap.
If you have been considering buying a home or condo in Naples, Bonita Springs or Estero, now might be the time since the opportunistic investors are seeing the opportunity to get a great deal.
FORECLOSURES – Democrat Hillary Clinton proposed several remedies to the nation’s home mortgage problems Monday, including one tool more often associated with Republicans than Democrats – greater protections for lenders from possible lawsuits by investors, a variation of so-called tort reform.
CONSUMER CONFIDENCE – Consumer confidence fell again in March, according to The Conference Board Consumer Confidence Index.