Aug 10th 2010 5:55PM
Kenneth Feinberg told an audience at the University of West Florida today that he plans to negotiate a financial package for real estate agents affected by the Gulf oil spill. Feinberg, administrator of the Gulf Coast Claims Facility as of Aug. 23, said he did not think agents had a "legal claim for their loss," but... Continue Reading »
Jul 20th 2010 2:39PM
The Gulf oil spill may be plugged for the time being, but the effects on the local real estate market are just beginning to trickle in. The value of property along 600 miles of coast between Louisiana and Clearwater, Fla., may decline a minimum of 10 percent over the next seven years, according to one economist. Even now,... Continue Reading »
Jun 29th 2010 5:20PM
Hurricane Alex and the ongoing effects of the Gulf oil spill are brewing a perfect storm from which overburdened Florida homeowners may not soon recover. Meanwhile, short sales are through the roof, nationally. HousingWatch takes a closer look at these major headlines from around the media universe: Continue Reading »
Jun 17th 2010 4:22PM
Has your income been hit hard by the oil spill? Frustrated by the slow response of BP and its CEO, Tony Hayward (pictured left)? If you have a Fannie Mae mortgage, you may be eligible for as much as a six-month suspension on your mortgage payments, according to a new emergency program announced by the government-sponsored... Continue Reading »
May 28th 2010 12:00PM
As BP tries to stop and mop up the worst oil spill in U.S. history, the Gulf coast is about to face it's busiest holiday weekend of the year: Memorial Day. Thus far, the white-quartz beaches of Florida's Emerald Coast are pristine and the water is crystal clear. Schools of fish dance just offshore. But homeowners,... Continue Reading »
