Florida Home Sales Can Be Improved With Some Changes In Regulation

We're finally seeing some improvement in the housing market, but much more remains to be done. In their zeal to prevent future mortgage melt-downs, members of congress went a bit too far with regard to bridge loans.

Without access to bridge loans (or "gap loans" or "swing loans" or whatever you want to call them), most home buyers simply aren't able to move smoothly from one home to another. Few people have the cash to finance two mortgages at once.

A modification of the rules affecting bridge loans would enable home buyers to more easily purchase a new home while having their existing home on the market.

If GM can be bailed out, why can't the government help the real estate industry? From California to Florida to New York, the industry still needs help to recover