Florida’s consumer confidence rises as economic fears ease

Florida’s consumer confidence rises as economic fears ease : article

Florida home sales up, prices down

In SW Florida, clients are knocking on Realtors' doors as nationwide buyers read stories about the current bargains in Fla. http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=224217

J Lo says hello to Icon Brickell

The Real Deal South Florida Real Estate News: "Singer and new Miami Dolphins minority owner Marc Anthony has purchased a unit in the three-tower Icon Brickell condominium towers, designed by Philippe Starck. The purchase adds to Anthony and wife actress-singer Jennifer Lopez's real estate holdings in New York and Los Angeles. Developer and Related Group head Jorge Perez had given the couple a personal tour of several condos. [People]"

Lost Decade for South Florida

The Real Deal South Florida Real Estate News: "The median price of a house in at least nine South Florida zip codes has dropped to the level it was in 1999, according to a new report. The median price of a single-family home in Deerfield Beach, Hallandale Beach and seven other Broward and Palm Beach county zip codes was lower in July this year than in July 1999"

9/28/09 - miami office

New business owners learn from mistakes
These business leaders admit to mistakes they made the first time around: a lesson for entrepreneurs just starting out.
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=224166

$1M going further in many housing markets
A million bucks doesn't buy what it once did. In most U.S. neighborhoods, it now buys a lot more.
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=224162

Rock Bottom Property.com

Rock Bottom Property is the go-to online resource for finding the best-priced luxury properties available on the market today.

Launching Miami Beta Site - Oct. 1

http://www.rockbottomproperty.com/

Excellent progress here in L.A.
Found a new attorney and looking forward to the PPM review.

Florida's job market may have hit bottom

http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=223734

'Mortgage Meltdown' video game tackles housing slump

The result is "Mortgage Meltdown," a bizarro-world version of Monopoly. Instead of buying properties and trying to corner the real estate market, your goal is to keep your head above water and wait for the economy to turn around. http://tinyurl.com/mypt9p

Condos facing finance troubles get creative

CHICAGO – Sept. 16, 2009 – Condo associations, developers and lenders across the nation are trying innovative tactics to save themselves from financial disaster amid the foreclosure crisis.
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=223440

Are homeowner's worse off after loan mod.?

http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=223230

Another loan crisis may hit S. FLA banks

Squeezed by the economy, more commercial property owners are in default, which could hit Fla. banks especially hard. http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=223174

J & J

Conference call with Chris at Growthink provided extremly helpful insight into understanding the core components of the PPM. Possible opportunity with a new company, Iwantanoffer.com - looking forward to meeting with the owners. Still trying to form the team at Coldwell Banker, we received an inquiry from an agent this week. Website, well... remaining patient.

Highest Foreclosure Rates - by State

Nevada had the highest foreclosure rate for the 32nd straight month. Followed by: Florida, California, Arizona.... View article for Top Ten states.
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=223004

First time homebuyers race the clock

Just 12 weeks remain for eligible buyers to find and close on a home to qualify for the $8K federal tax credit by Nov. 30. http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=222996

South Florida Foreclosures climb 39%

Foreclosure filings in August climbed nearly 40 percent from a year ago, according to data from Miami-Dade, Broward and Palm Beach counties. There were about 7,800 filings for the month, Condo Vultures reported, bringing the year-to-date tally to 67,185 foreclosure filings, up 34 percent from 50,157 in the same eight-month period last year. The consulting group forecasts the region could have 100,000 foreclosure filings in 2009, up from 75,000 in 2008 and 33,000 in 2007.
Source: [SFBJ]

Mortgage rates down, still above record lows

Rates for 30-year home loans edged down to 5.08% this week, remaining close to record lows reached over the spring. http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=222844