Florida has been labeled a progressive state before, when it introduced radical 'green' measures throughout the state, but this time its innovative idea is to offer help to first time buyers. Florida has recognized that younger people are being pushed out of the housing market, and are trying to rectify this with fairly substantial financial incentives.

This failure to accommodate young people in the realty market has happened because nationwide, most homes have become larger and more expensive. Consequently, they are too pricey for the average first time buyer.

A spokesman for a local builders association told the St. Petersburg Times that builders will still be building over-sized homes but there will also be an increase in smaller houses being

If you've been paying any attention to financial and economic news lately, you'll know that the housing market has recently taken one of the hardest hits in recent history. Lenders that were all too willing to provide loans that were beyond the means of the borrowers were suddenly exposed for their greedy ways, and a number of financial reforms were put in place to make sure that lending practices were more responsible from now on. Although the market still hasn't fully recovered, it's still possible to find good deals on home loans right now. Here are some tips about getting affordable mortgage rates for first time home buyers.

Unless you're independently wealthy with an overwhelming amount of liquid assets, it's highly unlikely that you'll be able to

If you find yourself in the position of being able to afford your first home, congratulations! Home ownership is a major milestone of adult life, and finding the perfect home in which to establish yourself is an accomplishment of which you can be proud. But achieving this milestone is by no means easy, so it’s important to make sure that you are armed with as much information as possible without overwhelming yourself and scaring yourself out of making a good purchase. But, fortunately, the information that first time homebuyers need to know is relatively simple, and with some good help on your side, you’ll find that the home buying process isn’t as painful as you might have thought.

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