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Monday, November 30, 2009

11/30/2009 EarlyBird News

Thanks,

JOHN ROSE
REALTY ASSOCIATES
561-414-0012 PHONE
561-210-7111 FAX  
john@johnjrose.com
www.johnjrose.com

---------- Forwarded message ----------
From: Florida Realtors <email@email.floridarealtors.org>
Date: Mon, Nov 30, 2009 at 3:13 PM
Subject: 11/30/2009 EarlyBird News
To: john@johnjrose.com


EarlyBird News

Daily Briefing: Monday, November 30, 2009
A service for members of Florida Realtors®

TODAY'S TOP STORIES

30-year mortgage rates sink, match record low

Average rates match an all-time low of 4.78% set last spring, and are a full percentage point lower than one year ago. Read more.

3 economic reports give reasons for optimism

Positive employment, consumer spending and home reports suggest a modest recovery rather than a second recession. Read more.

Hotel owners behind on payments

Thanks to discounted rates, freebies and less consumer travel, hotels top the list of potential commercial foreclosures. Read more.

Pets can be a peeve to potential buyers

Even buyers who love animals can balk at purchasing a home where there's a family dog, cat or wild guinea pig. Read more.

Administration plans new foreclosure effort

The announcement, expected today, would shame lenders into helping owners, and dole out cash only for permanent fixes. Read more.

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Craigslist: Not just for residential anymore

Commercial property brokers increasingly are turning to Craigslist as a cost-effective marketing strategy. Read more.

Florida Realtors® News

Legal tip: Beware of antitrust violations

Some licensees avoid foreclosures, which is OK; but it could be a legal violation if several brokerages agree to do so. Read more.

AROUND FLORIDA

Boca Raton: Developer focuses on small businesses
Miami-Dade: Building more environmentally friendly
Pensacola: City woos developer

HAVE A LOOK AT OUR OTHER SITES

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Tuesday, November 24, 2009

Daily Real Estate News

Thanks,

JOHN ROSE
REALTY ASSOCIATES
561-414-0012 PHONE
561-210-7111 FAX  
john@johnjrose.com
www.johnjrose.com

---------- Forwarded message ----------
From: REALTOR(R) Magazine Online <NAR@newsletters.realtor.org>
Date: Tue, Nov 24, 2009 at 1:53 PM
Subject: Daily Real Estate News
To: john@johnjrose.com


If you have trouble reading this e-mail click here.

November 24, 2009

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One in Four Borrowers Are Underwater
New research from the First American CoreLogic reveals that 5.3 million U.S. households hold mortgages that are at least 20 percent higher than the value of their home.
Read more >
Declining Dollar Brings Foreign Investors
Buyers from Argentina, Canada, France, and the Netherlands are lining up to buy luxury condos in Miami, New York, and Las Vegas.
Read more >
California Bans Practitioner Accused of Fraud
David Crisp license was revoked for three years for lying to lenders, who made $11 million in loans as a result.
Read more >
Health Problems Linked to Chinese Drywall
The U.S. Consumer Product Safety Commission reports that there is a "possible" link between the health concerns voiced by home owners and Chinese drywall.
Read more >
Some Cities Unaffected by Recession
Locations with many employment opportunities and stable home prices are faring the best in the economic downturn.
Read more >
Signs of Upturn in CMBS Market
With two large commercial bonds recently issued without Government support, the commercial market is beginning to show some promise.
Read more >

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Read more >
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