Energy penalty eyed for new Florida homes urged by builders
Florida builders warn that a proposed Florida Public Service Commission rule could add an energy penalty up to 1500 dollars to new home purchases. The rule requires tariffs for new home energy standards yet to be set, prompting concerns about higher housing costs amid high mortgage rates. FHBA leaders criticize regulation as driving up prices, while noting existing energy code compliance.
MENTIONED IN THIS ARTICLE
Florida Home Builders Association
Florida
Floridaublic Service Commission
PSC
Tallahassee
FHBA
Florida Electric Companies
Florida Power and Light
N. Forest Hope
Paul M. Thompson
American Savings to Pay Quarterly Dividend of 0.20
The American Savings and Loan Association of Florida announced a regular quarterly dividend of 20 cents per share payable February 17 to shareholders of record January 15. It notes 19th quarterly dividend since becoming public in 1976, with over 2 billion in assets and 48 offices across Florida, Georgia, and Texas.
MENTIONED IN THIS ARTICLE
American Savings and Loan Association of Florida
Nokomis Village
American Savings
Rk Stock Exchange
Florida
United States
Georgia
Texas
Kennedy Joins Paradise Realty In Venice
James E. Kennedy, former Venice Area Board of Realtors president and director, joins Paradise Realty to specialize in residential real estate. He won the 1979 Realtor of the Year Award and holds a GRI and CRS designation. Kennedy is active in Kiwanis and moved to Venice in 1970 with his wife Margaret.
MENTIONED IN THIS ARTICLE
James E. Kennedy
Venice Area Board of Realtors
Paradise Realty
Kennedy
Graduate of Realtors Institute
National Marketing Institute
National Association of Realtors
Venice Suncoast Kiwanis Club
Venice
Margaret
Annandale
Virginia
Villas Drive
Golden Corral Venice Opens as 150th Southeast Eatery
The Golden Corral Family Steak House in Venice opened under partner-manager Jack Floyd at 385 U.S. 41 Bypass south of Bird Bay Plaza. The chain plans rapid expansion to 250 units by 1981 with Florida manager George Wood noting four openings monthly. Floyd trained in Raleigh and will relocate with his wife and four children.
MENTIONED IN THIS ARTICLE
Jack Floyd
U.S. 41 Bypass
Bird Bay Plaza
United States
George Wood
Florida
Floyd
Golden Corral
Raleigh
N.C
Ninety Six
S.C
Venice
Homebuyers warned on deductible closing costs in 1980 tax tips
Real estate manager John Barfield notes some closing costs are deductible when buying a home in 1980 such as property taxes and mortgage interest but points out others depend on conditions. Points may be deductible in year of payment only for principal residences, while relocation costs and travel expenses may also be deductible if staff reimbursements don’t apply. Experts advise consulting the IRS or a tax pro to confirm specifics.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
John Barfield
Tam-Bay Realty
Barfield
D.J.I.A
Washington
Congress
Ronald Reagan
al Goldman
North Carolina
Virginia
Welcome 1981 A Stock Market Briefing
The piece reflects on 1980 with rising inflation and rates, notes the market's resilience, and projects a hopeful yet cautious 1981. It cites Reagan’s potential impact, continued volatility, and the stock market as the best indicator of winners and opportunities.
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Irv Schusterman
Tamiami Trail
Sarasota
Industrial Development Authority
Venice Community Center
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H.E
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