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Monday, December 7, 2009

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: Mon, Dec 7, 2009 at 12:08 PM
Subject: Daily Real Estate News
To: john@johnjrose.com


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

December 7, 2009

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Practitioners Loath to Discount Commissions
As home prices fall, some sellers are pressuring their real estate agents to cut their commissions.
Read more >
IRS Sets New Rules for Tax Credit
The Internal Revenue Service released new guidelines for the home buyer tax credit concerning purchases by co-borrowers.
Read more >
AP Index Nears National High-Stress Level
A calculation of collective stress based on foreclosure, bankruptcy, and unemployment shows anxiety rising precariously in the United States.
Read more >
Practitioners Struggle With Home Pricing Issues
A combination of rising foreclosures and seller stubbornness has made recommending prices more difficult for real estate professionals.
Read more >
Mortgage Insurers Denying Claims
Mortgage insurers have started to reject more claims and hold lenders responsible for their bad loans.
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More Homes Claim 'Green' Label
In a down market, home builders have found traction with energy-efficient housing.
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Posted via email from jrosegslimo's posterous

12/07/2009 EarlyBird 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: Florida Realtors <email@email.floridarealtors.org>
Date: Mon, Dec 7, 2009 at 1:33 PM
Subject: 12/07/2009 EarlyBird News
To: john@johnjrose.com


EarlyBird News

Daily Briefing: Monday, December 7, 2009
A service for members of Florida Realtors®

TODAY'S TOP STORIES

Buyer tax credit effective but not available

Owners of homes purchased after Nov. 6 cannot file for the $8K tax credit yet because the IRS has not updated the form. Read more.

Cities with the most overpriced properties

Four Fla. cities made a top 10 list of areas where the initial asking prices greatly overshadow the final selling prices. Read more.

U.S. economy entering sluggish recovery

AP analysis: Stress Index remains steady at 10.1 in Oct.; in Aug., it hit 10.3; Fla., No. 4 for stress, recorded 15.4. Read more.

Small increase seen in Fla. revenue estimate

The estimate, used to calculate the Fla. budget, predicts almost a 2% increase in state money heading into 2010. Read more.

Banks start to embrace short sales

Short sales tripled to 40,000 in the first six months of 2009 compared to the same time one year earlier. Read more.

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Craigslist real estate scam resurfaces

Phony home listings or rentals attempt to entice readers to reveal personal info; sometimes they mirror real home listings. Read more.

AROUND FLORIDA

Pasco County: Prices down, sales up
Naples: Fed shuts Orion Bank
Highlands County: Recording liens quicker, easier

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