Featured Community - Lexington  Located in Manatee county in the rapidly growing Ellenton area, this community is very conveniently located with easy access to Sarasota, Bradenton, and Tampa/St. Petersburg. The models will be opening soon but there are currently some excellent pre-construction prices being offered. Pricing ranges from $193,000 for 1553 SF to $314,000 for 2950 SF.  Click here for more info

Real Estate News
READ THE FINE PRINT OF TAX-SALE RULES:
You have to pay attention to the fine print of the home-sale tax exclusion, or you could face an unexpected tax bill.  A provision in the 1997 "Taxpayer Relief Act" excludes from tax the first $250,000 in profits from sale of a home for individuals. For married couples, the first $500,000 is exempt from tax, but certain criteria need to met in order to benefit from the law. Read More...

Bush Notes Record Number of Home Owners During Tuesday night’s State of the Union Address President George W. Bush highlighted the fact that there has never been a higher number of home owners in the United States than now.  While not proposing any new plans on housing, Bush indirectly linked the high number of home owners to his tax cuts which he says have allowed consumers to spend on what they want rather than on what the government wants. Read More...