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Freddie and Fannie are in trouble and no it’s not anyone’s favorite soap opera, although that might be closer to the truth than everyone involved would like to admit but let’s get to the heart of the matter. What are Freddie Mac and Fannie Mae? Well, the Federal National Mortgage [Read More]

Tropic Shores Realty sponsors Toys for Tots. If you walk into the office at Spring Hill Drive, you cannot miss the big box in the visitor's area just waiting to be filled with toys destined for needy children. The official mission statement of the Marine Toys for Tots program states "The [Read More]

Our hometown here in Citrus County is getting ready for Thanksgiving and Christmas with our Parade of Trees. Each year our local merchants decorate a Christmas tree and then they are all auctioned off. All monies raise go to the local charities. Another thing I really like about small towns is all [Read More]

Almost everybody has heard of the $8,000 first-time homebuyer tax credit, which has been extended through June 30, 2010, but what about the $6500 federal tax credit for “move-up” homebuyers? Unlike the $8,000 for first-time buyers, anyone who has lived in their home for five years and h [Read More]

I had read an article in Sunday's St. Pete Times that retailers were not going to stock up this year. I went shopping yesterday, and it didn't hit me until I got home later that evening, that they were right on. I went to Beall's in Spring Hill in the morning, purchased a few items, bu [Read More]

You are invited to an event and please tell all your friends about the Leonid Meteor Shower will take place tonight (11/16) from 11pm (mol) and in the early morning( 4am (mol) tomorrow(11/17). This will be one of the biggest and most easily seen of meteor showers of this century, so far! Look in th [Read More]

Now, heres some news about reality amongst our banks: In a report direct from the OCC (Office of the Currency Comptroller) it has been reported that: U.S. commercial banks generated record revenues of $9.8 billion trading cash and derivative instruments in the first quarter of 2009, compared to a $ [Read More]

The stimulis funds that Hernando county have been granted by the federal government seem to be having a hard time reaching the public at large. What is the hold up? Counties in other parts of Florida seem to have been giving assistance to these home buyers. What is happening to these funds? Do we h [Read More]

The $1.7 trillion mortgage securitization market is still a mess, despite (or in part because of) the Federal Reserve's $700 billion splurge into the market. But another reason may be Treasury's decision to undermine private mortgage-backed securities (MBS) contracts. BlackRock Inc. Chairm [Read More]

I had the privilege of showing property today. We were looking at the gorgeous waterfront on this perfect weather day. The buyers are amazed at how the prices of come down since they looked at property last year. Now they will be tourists and try to relax and make a decision. They picked the perfec [Read More]