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December 2006


Road widening

Posted at 4:31 AM, Dec. 29, 2006

Cost of Land, Labor and Materials to slow down some road widening projects

Over the next five years there are a couple of road projects that will impact the area favorably although during the process expect traffic nightmares. Two important improvements will be the widening of SR-54 between Bruce B. Downs Boulevard and Curley Road and the widening of I-75 between SR-56 and CR-54 also now known as Wesley Chapel Boulevard.

Delayed will be the widening of SR-54 between Curley Road and Morris Bridge Road. This project was scheduled for 2011 but is being moved back to 2012.

Thankfully paving has just started in front of Westbrook Estates and hopefully the work will progress quickly.

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Florida Strawberry Festival

Posted at 10:42 AM, Dec. 27, 2006

Florida Strawberry Festival – March 1 to March 11, 2007
 
The Florida Strawberry Festival in Plant City will be from March 1 – March 11, 2007. It is a great time for rides, food, and entertainment and of course the famous Plant City Strawberry Shortcake. The most famous entertainers and the ticket prices for this year include:
 
March 1           4:00 PM          George Jones                          $10 & $15
March 1           7:30 PM          Clint Black                              $15 & $20
March 2           4:00 PM          Nashville Legends                    $10 & $15
March 2           7:30 PM          Gretchen Wilson                      $20 & $25
March 3           4:00 PM          Mark Lowry                             $10 & $15
March 3           7:30 PM          Casting Crowns                       $10 & $15
March 4           4:00 PM          Joe Nichols                             $10 & $15
March 4           7:30 PM          Martina McBride                      $25 & $30
March 5           4:00 PM          Lee Greenwood                       $10 & $15
March 5           7:30 PM          LeAnn Rimes                          $15 & $20
March 6           4:00 PM          Ray Price                               $10 & $15
March 6           7:30 PM          Randy Travis                           $10 & $15
March 7           4:00 PM          Little Richard                           $10 & $15
March 7           7:30 PM          Kenny Rogers                          $10 & $15
March 8           4:00 PM          Oak Ridge Boys                       $10 & $15
March 8           7:30 PM          Oak Ridge Boys                       $10 & $15
March 9           4:00 PM          John Anderson                         $10 & $15
March 9           7:30 PM          Big & Rich/Cowboy Troy           $20 & $25
March 10         4:00 PM          Bellamy Brothers                      $10 & $15
March 10         7:30 PM          Hootie & The Blowfish               $10 & $15
March 11         4:00 PM          Josh Turner                              $10 & $15
March 11         4:00 PM          Montgomery Gentry                  $15 & $20
 
To order tickets call 813-754-1996 or go to the Florida Strawberry Website at www.FLStrawberryFestival.com.            
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Florida Population Growth Falls to Number Two

Posted at 3:01 AM, Dec. 26, 2006

Florida Population Growth Falls to Number Two
 
From July 2005 to July 2006 321,697 people moved to Florida. This is a decline from the year before when 404,000 people moved here. This year Texas is number one in population growth. It is expected that Florida will continue to have high population growth for decades to come. Florida is number four when it comes to total population at 18.1 million people. California, Texas and New York take the lead. The migration of people from the north to the south continues. During this period, the Northeast grew by 62,000 people while the South gained 1.5 million people.
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PMI Insurance to be Tax Deductible

Posted at 8:45 AM, Dec. 15, 2006

PMI Insurance to Be Tax Deductible Starting 2007
 
Whenever a person purchases a home with less than 20% down there is usually a requirement to buy PMI or Private Mortgage Insurance. It requires a monthly payment until there is at least a 20% equity in the home. This payment is in addition to the mortgage payment. Prior to now, this PMI payment was not tax deductible, but thankfully beginning in 2007 with new home loans that require PMI, the payment will be tax deductible.  This is with conventional or FHA loans.
 
There unfortunately are restrictions. Households must make less than $100,000 per year. This new program will benefit the low and middle class and be especially important to first-time homebuyers. The new tax deduction should make it possible for many renters to become homeowners.
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Mortage Applications at 14-Month High

Posted at 8:04 AM, Dec. 15, 2006

Home Loan Applications at a 14-Month High
 
Mortgage loan applications have reached a 14 month high fueled by historically low interest rates presently at 6.11 percent for a 30-year fixed rate mortgage. In addition, the high inventory rate of homes for sale has resulted in excellent deals for buyers both on brand new and pre-owned homes. If conditions remain positive (good economy, interest rates, and home prices) inventory should normalize over the next several months. It is a great market for buyers and a good market for sellers who realistically price their homes. Pricing, condition of the home and the marketing plan are extremely important at this time to sell a home.
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