Flood-insurance hikes ravage Tampa Bay neighborhood home sales

Flood-insurance hikes ravage Tampa Bay neighborhood home sales
Sales in flood-zone neighborhoods like Shore Acres, the Pinellas beaches and inland St. Petersburg have plunged to the slowest pace in years, according to Realtor data analyzed by the Tampa Bay Times. "We're getting nailed big time," said Re/Max …
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State lawmakers push for transparency in drilling rights beneath Florida homes
Lawmakers said the legislation came in response to a Tampa Bay Times investigation in November that found homebuilder D.R. Horton had hoarded the rights beneath more than 2,500 home sites across Tampa Bay, many of them in eastern Hillsborough County …
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Underwater mortgages are a bigger problem than the national average suggests
“In these pockets, we're still looking at thirty, sometimes as much as forty percent of homes with mortgages that are underwater, which is significant,” says noted real estate attorney and author Shari Olefson in the attached video. For example …
Read more on Yahoo Finance (blog)