OODLE

Tuesday, January 5, 2010

Daily Real Estate News

Thanks,

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


www.google.com/profiles/jrosegslimo


---------- Forwarded message ----------
From: REALTOR(R) Magazine Online <NAR@newsletters.realtor.org>
Date: Tue, Jan 5, 2010 at 1:54 PM
Subject: Daily Real Estate News
To: john@johnjrose.com


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January 5, 2010

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Pending Home Sales Down from Surge
Though the index fell in November 2009, pending home sales are up from the same period in 2008.
Read more >
Cutting Mortgage Principal Decreases Defaults
A study by the Federal Reserve Bank of New York finds that borrowers were less likely to default when their balances were reduced along with their interest rates.
Read more >
Record Year for Mortgage Company Failures
In 2009, more than 225 mortgage related operations closed.
Read more >
Prime Defaults Likely to Rise
Though defaulst will rise, experts believe that low inventory levels will continue the housing recovery.
Read more >
Grubb & Ellis: Commercial Real Estate Will Decline
The real estate firm predicts that the commercial market recovery won't begin until 2011.
Read more >
Manhattan Condo and Co-op Prices Fall
New York prices decline 21 percent from their peak, and 10 percent from last year.
Read more >

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