
It was reported in news media yesterday that Florida's Hernando County had an unemployment rate of 13.6%. No wonder why when the leading industry has been home building since the early 1970's. But with the turndown in unemployment comes unbelievable home buying opportunities for those that are fortunately employed.
For the first time homebuyer, a tax credit of $8000, and the lowest mortgage rates in history. And how about home prices being nearly 50% off of what they were just two years ago.
My telephone is ringing twelve to sixteen hours a day, not only homes purchase requests but also for the burgeoning rental home business during this shift of economies. I am optimistic that with a new director of economic development in Hernando County government to replace our current ineffective department head, and by reaching out to industries world wide, we can solve our employment issues in Hernando County.