Real Estate Market in Wesley Chapel and Tampa Bay Florida

Three states -- Florida, California and Texas -- would account for 46 percent of total U.S. population growth between 2000 and 2030, according to U.S. Census Bureau projections. Over the next six years, Florida, now the fourth most populous state, is expected to edge past New York into third place in total population.

Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n3-04222005

Today marks insurers' deadline for settling claims that resulted from last year's hurricanes -- but a few companies won't make the deadline, including Citizens Property Insurance Corp, the states' insurer of last resort, which had about 10,000 unresolved claims in March. Citizens has not announced how many claims remain to be resolved, but any insurer with outstanding claims now has 10 days to file a report offering an explanation, with a few excuses considered acceptable, such as a claim filed late in the process, a delay in contractor estimates, current lawsuits and mediations. Insurers now face a $500 fine for each delayed payout and the threat that they could be banned from doing business in the state.

Source: Tampa Tribune, April 18, 2005

Upon paying $2.4 billion in hurricane damage claims, Florida's insurer of last resort had a deficit of more than $515 million, according to an Ernst & Young audit last week. The question now is whether homeowners statewide will have to foot the bill, and lawmakers were asked to consider using some surplus cash to cover all or part of the debt.

Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n5-04182005

Source: Planet Realtor, FLORIDA ASSOCIATION OF REALTORS

The population of the Sunshine State increased an average of nearly 1,100 people per day last year, according to estimates released last week by the U.S. Census Bureau. From 2003 to 2004, Florida gained 397,980 people, pushing the total population to almost 17.4 million.

Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n4-04182005

Visit: www.ajmasters.com

Have a place in cyberspace? It's time for Florida Realtor magazine's/Florida Real Estate Headlines' seventh annual Web site contest. Categories include: Sales Associate and Real Estate Company. A panel of judges will select 10 winners in each category, based on content, value to the user, ease of use and mechanisms for effective lead generation. To enter, e-mail your site's URL, as well as the category you're entering, your name, company's name and phone number to FLRealtor@far.org by June 1. One winner in each category will receive two round-trip airline tickets (restrictions apply) to anywhere in the continental U.S. -- and a write-up in Florida Realtor magazine.

Source: Planet Realtor, FLORIDA ASSOCIATION OF REALTORS