Romney gains from US housing crisis

Romney gains from US housing crisis
Since the housing bubble burst in 2006, home prices have fallen by 30% across the US But in Florida, home values have plummeted by 40%. Millions of Floridians owe more on their homes than they're now worth. The housing vacancy rate is more than 11% …
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Romney gains from U.S. housing crisis
By L. Ian MacDonald There are many reasons why Mitt Romney won the Florida primary by 15 points over Newt Gingrich, but the state of Florida's housing industry is a good place to start. Since the housing bubble burst in 2006, home prices have fallen by …
Read more on The Barrie Examiner

Florida House panel OKs series of tax breaks
"Just the impact is too great for us to handle,'' said Davin Suggs, a lobbyist for the Florida Association of Counties. That proposal (HJR 1289) would provide additional homestead exemptions on portions of home values above $ 75000.
Read more on News Chief

Case-Shiller: No Bottom for Housing in South Florida
The November Case-Shiller report released Tuesday showed South Florida's housing prices are off nearly 5 percent from 2010, dropping extremely close to all-time lows set earlier in the year. The latest readings from the closely watched index leave home …
Read more on LoanSafe

Santorum challenges Romney on home turf of Michigan

Santorum challenges Romney on home turf of Michigan
DETROIT – An aggressive Rick Santorum went after Mitt Romney on multiple fronts Thursday, challenging the Republican front-runner's economic policies, values and consistency in the city of his birth. Santorum criticized his rival's record on federal …
Read more on Fox News

Citizens boosted home values to raise premiums, suit says
Some homeowners have filed a class-action lawsuit against Citizens Property, charging that it overvalued their homes to raise premiums. By Toluse Olorunnipa TALLAHASSEE — Florida homeowners filed a class-action lawsuit against Citizens Property …
Read more on MiamiHerald.com

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