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Wednesday, November 4, 2009

11/04/2009 EarlyBird News

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

Sent from Boca Raton, FL, United States

---------- Forwarded message ----------
From: Florida Realtors <email@email.floridarealtors.org>
Date: Wed, Nov 4, 2009 at 1:19 PM
Subject: 11/04/2009 EarlyBird News
To: john@johnjrose.com


EarlyBird News

Daily Briefing: Wednesday, November 4, 2009
A service for members of Florida Realtors®

TODAY'S TOP STORIES

Economists expect recovery to stick

Nearly 80% of the economists in a survey say the stock market rally since March heralds a sustainable recovery. Read more.

More than 100 arrested for mortgage fraud

A statewide crackdown this year has included 105 arrests, more than 700 properties and over $400 million. Read more.

Treasury OKs firms for toxic asset program

Banks that sell toxic assets will be able to loan more money, which should further help the tight housing market. Read more.

More homeowners choose to walk away

Experian reports 588K strategic defaults in 2008; Citigroup says 20% of defaults are by owners who can afford the payments. Read more.

HUD: Stimulus money gets lost at local level

An audit has found that many local agencies' internal problems slow federal money from reaching needed housing projects. Read more.

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NOW YOU KNOW

Google Maps expands real estate info

A "real estate" option under the "more" button automatically adds balloons that pinpoint local home listings. Read more.

AROUND FLORIDA

Vero Beach: State agency forecloses on apartment complex
Brooksville: Council OKs commercial zoning changes
Orlando: Downtown's office market suffers by comparison

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