More info about the SWAT incident

SWAT team members pack up after the stand-off Thursday afternoon.

Here is what the local newspaper said this morning about the incident:

A man held off Bradenton officers for nearly an hour during a standoff at his home in the 4600 block of Eighth Avenue East.

The Bradenton Police Department SWAT team as well as patrol officers responded, blocking off the streets to protect residents.

In the information authorities received, the man said he would shoot officers with a rifle. The man, who is in his 50s and lives in the neighborhood, denied making that statement in interviews with police.

Curious neighbors stood outside and others were prevented from getting to their homes.

The call, reporting a man was barricaded inside his home with a firearm, came in at about 4:45 p.m. The man was taken into custody shortly before 6 p.m.

Residents said some of the homes on that street have been foreclosed on.

So it was probably a very stressful time for this family, they were probably about to loose their home. A lot of people bought houses here when the housing boom started four years ago. They got approved for loans way out of their comfort zones, for houses way overpriced. They all usually got the adjustable rates. Now, the rates have been adjusted to a much higher rate, payments have soared. They can't sell the house, because the values are much lower, and they wouldn't get nearly enough to cover the loan...

Thank goodness we bought our house before the boom, at a low price...