Real Estate Insights -- November 2009

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JOHN ROSE
REALTY ASSOCIATES
561-414-0012 PHONE
561-210-7111 FAX  
john@johnjrose.com
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From: National Association of REALTORS <NAR@newsletters.realtor.org>
Date: Wed, Nov 18, 2009 at 12:54 PM
Subject: Real Estate Insights -- November 2009
To: john@johnjrose.com

		November 2009 Download PDF version (815 KB) In This Issue:
Extending the Good News for Home Buyers The first-time home buyer tax credit, originally scheduled to expire on November 30th, has been extended – and expanded. That is indeed good news for for first-time buyers, as well as repeat buyers, many of whom will be able to take advantage of the program. In his commentary this month, NAR Chief Economist Lawrence Yun tells us that the tax credit, continuing low mortgage rates and high affordability will help lift home sales activity into next year. Read more > The Great Profile: 2009 Edition The new 2009 NAR Profile of Home Buyers and Sellers was just released, and shows that first-time buyers accounted for 47 percent of home purchasers between July of 2008 and June of 2009. That’s the largest share of first-time buyers in more than 18 years. In addition, existing-homes were more popular among buyers than reported in last year’s profile. Research Economist Jessica Lautz takes a closer look at the numbers in this month’s Market Intelligence article. Read more > New Quarterly Statistics on State Home Sales and Metro Area Prices The latest NAR quarterly survey of metropolitan area home prices shows that 45 states and the District of Columbia experienced increased sales from the 2nd quarter of 2009 to the 3rd quarter of the year, and 28 states and the District saw double-digit gains in resales. And while most markets experienced declines in median home prices from the third quarter of 2008 to the third quarter of 2009, some markets posted significant gains Read more > Get Insights Without Looking Have Real Estate INSIGHTS delivered to your e-mail box as soon as new content is posted each month. It's free to members as well as non-members! Subscribe in the "My Account" section of Realtor.org. Subscribe now> Real Estate Insights Lawrence Yun, NAR Chief Economist Paul Bishop, Vice President, NAR Research Jed Smith, Managing Director, Quantitative Research Arun Barman, Research Economist Wannasiri Chompoopet, Manager of Housing Statistics Keunwon Chung, Data Research Analyst Stephanie Davis, Office Manager Thomas J. Doyle, Research Marketing Manager Meredith Dunn, Communications Representative Ken Fears, Manager of Regional Economics Danielle Hale, Research Economist Michael Hyman, Research Assistant Selma Lewis, Research Economist George Ratiu, Research Economist Gregg Stratton, Research Economist Sophia Stuart, Marketing Associate Caroline Van Hollen, Senior Research Coordinator Copyright © 2009 NATIONAL ASSOCIATION OF REALTORS®. Reproduction or reprinting in any form is prohibited without written permission. Editorial questions and requests to reprint articles should be directed to Meredith Dunn via e-mail at insights@realtors.org. Unsubscribe from this e-mail newsletter. Manage E-mail Preferences: To change your e-mail address, or manage your subscriptions, please log in to your REALTOR.org account. Your REALTOR.org username is JROSEGSLIMO. Customer Support Visit our customer support page for help with your account. Privacy Policy Please do not reply to this e-mail. This mailbox is for distribution only. NATIONAL ASSOCIATION OF REALTORS® 500 New Jersey, NW Washington, DC 20001 800/874-6500 www.REALTOR.org

Monitor Check out this snapshot of monthly housing indicators.

Economic Commentary Despite the risks of rising mortgage rates and rising unemployment, the housing outlook has significantly improved. As the fear of falling home values disappears, that one key negative factor that has held back home sales will no longer be in play.

The Forecast For the latest economic forecast insights and analysis, view our Economists' Commentary page.

In Focus Low interest rates, the first-time buyer tax credit and the beginnings of an economic recovery all led to rising home sales in most states in the third quarter of 2009.

Market Intelligence One of the most important changes in this year’s survey was shaped by record home affordability and the availability of the first-time home buyer tax credit—the share of first-time buyers.

Existing Home Sales Existing-home sales posted a strong rebound in September, registering a seasonally adjusted annual rate of 5.57 million units for the month. Resales rose 9.4 percent from October and were up 9.2 percent from their level in September of 2008. Existing-home sales activity was at its highest level in over two years.

Archives See previous issues.

Get Your Copy of the 2009 Profile of Home Buyers and Sellers Get more information from the new 2009 Profile of Home Buyers and Sellers. NAR members can download a copy of the full study from our web site FREE. Download now >

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11/18/2009 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: Wed, Nov 18, 2009 at 1:10 PM
Subject: 11/18/2009 EarlyBird News
To: john@johnjrose.com

EarlyBird News Daily Briefing: Wednesday, November 18, 2009 A service for members of Florida Realtors® TODAY'S TOP STORIES Court again upholds Fla. homeowner tax breaks Judges upheld the legal portability of property taxes for the first time, and Save Our Homes for the third time. Read more. MLSs must change, but in what way? Experts expect evolution, not revolution. Say new models may charge less for basic service but more for upgrades. Read more. Oct. home construction falls unexpectedly But builders aren't more discouraged, saying many buyers sat on the sidelines hoping for an $8K tax credit extension. Read more. New reporting rule for criminal convictions Reminder: Effective Oct. 1, 2009, licensees and appraisers convicted of a crime must report it to DBPR within 30 days. Read more. Builders get tax relief from losses First-time buyers have a tax credit extension, but builders also got substantial tax breaks in the recently passed law. Read more. +++++++++++++ ADVERTISEMENT +++++++++++++ Florida's Realtors Can Cut Costs on UPS Shipping! Whether you already have a UPS account or not, get exclusive discounts up to 28%, including international. No catch, no minimums. Go here and sign up in two minutes. NOW YOU KNOW Don't let emotions ruin negotiations When divorces, marriages or births spark a transaction, Realtors should sympathize but focus on the details. Read more. AROUND FLORIDA Hernando County: Officials lower impact fees for one year Highlands County: Commission turns down Habitat for Humanity Brooksville: City wants own impact fee ordinance HAVE A LOOK AT OUR OTHER SITES Great Time to Buy: buynow.floridarealtors.org Media Center: media.floridarealtors.org CONNECT SOCIALLY WITH US Twitter: floridarealtors.org/twitter Facebook: floridarealtors.org/facebook YouTube: floridarealtors.org/youtube =========================================== floridarealtors.org is optimized for the latest technology. Please make sure you have your Internet browser's latest version to fully experience the Web site. To request technical support or ask a question concerning the floridarealtors.org Web site, write to:support@floridarealtors.org Please do not use the "reply" button to respond to this e-mail. To send a letter to the editor or comment on Florida Realtors® news service, send e-mail to: Newseditor@floridarealtors.org. © 2009 Florida Realtors® This email was sent to: john@johnjrose.com This email was sent by: Florida Realtors 7025 Augusta National Dr. Orlando, FL 32822 USA Privacy Policy | Copyright Notice | Unsubscribe

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Daily Dose of Confidence

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

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From: Dale Carnegie Training <nanette_mitchell@dalecarnegie.com>
Date: Wed, Nov 18, 2009 at 9:05 AM
Subject: Daily Dose of Confidence
To: john@johnjrose.com

561-624-3660 / 954-771-8477 / 305-471-7550 |www.southflorida.dalecarnegie.com The measure of a man is what he does with power. – Greek Proverb Copyright © 2009 Dale Carnegie & Associates, Inc. All rights reserved. This email was sent by: Dale Carnegie Training® 1900 West Commercial Blvd, Suite 17, Fort Lauderdale (Miami and Palm Beach), FL 33309, United States scott_garvis@dalecarnegie.com To unsubscribe from Dale Carnegie Training emails, click here.

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Inman AM: HouseLogic is the real deal?

Thanks,

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

---------- Forwarded message ----------
From: Inman News Headlines <dailynews@inman.com>
Date: Wed, Nov 18, 2009 at 6:59 AM
Subject: Inman AM: HouseLogic is the real deal?
To: JOHN@johnjrose.com

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Inman News Headlines is a twice daily e-mail delivered by the real estate industry's leading source of breaking news and un-biased market analysis. To gain unlimited access to all Inman News articles and take advantage of exclusive, premium members-only benefits including free access to our Industry Special Reports and Week-in-Review e-mails, plus discounts on our industry-leading events and in-depth research reports, Upgrade to an Inman News  Premium Membership today! You are subscribed to this mailing list, headlines, as: JOHN@johnjrose.com. If you can afford to ignore breaking real estate news and emerging technology trends, then Unsubscribe.

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