Foreclosure drop under way in Florida
"Florida foreclosures were down nearly 22 percent in January, to 10,007 from 12,786 in December."
Wednesday, February 11, 2009
Foreclosure drop under way in Florida
Friday, October 31, 2008
Central Florida Real - Estate Market News!
Office Vacancy Rate vs. Unemployment
taken from: Calculated Risk Blog, an insight int the Nation's office vacancy rates.Friday, September 19, 2008
Commercial real estate pinched by Wall Street woes
WASHINGTON – Sept. 17, 2008 – Activity is slowing in commercial real estate sectors in response to tightening credit and slow economic growth, according to the latest Commercial Real Estate Outlook of the National Association of Realtors (NAR).
I-4 Retail Center Hits Home Runs
DAVENPORT, FL-Posner Park, a 630,000-sf power center at the southeast corner of Interstate 4 and US 27, appears to be defying the logic of an economic downturn.
WASHINGTON – Sept. 17, 2008 – Activity is slowing in commercial real estate sectors in response to tightening credit and slow economic growth, according to the latest Commercial Real Estate Outlook of the National Association of Realtors (NAR).
I-4 Retail Center Hits Home Runs
DAVENPORT, FL-Posner Park, a 630,000-sf power center at the southeast corner of Interstate 4 and US 27, appears to be defying the logic of an economic downturn.
Friday, August 22, 2008
Wall Street Stays in the Club
by Ellen Rosen 
Aug 21 2008
Aug 21 2008 In the face of an economic downswing, golf memberships are on par.
As the value of home mortgages crumbles by the day, Wall Street has hoped that commercial real estate loans would stay clear of the storm.
Economic softening hits leading Commercial Real Estate Index
WASHINGTON – Aug. 21, 2008 – The recent softening of economic conditions should impact commercial real estate markets in the months ahead, according to a forward-looking index for the commercial real estate sectors published by the National Association of Realtors (NAR).
Some Fear Commercial Property Loans Will Be Next Stage in Downturn
As the value of home mortgages crumbles by the day, Wall Street has hoped that commercial real estate loans would stay clear of the storm.Economic softening hits leading Commercial Real Estate Index
WASHINGTON – Aug. 21, 2008 – The recent softening of economic conditions should impact commercial real estate markets in the months ahead, according to a forward-looking index for the commercial real estate sectors published by the National Association of Realtors (NAR).
Friday, August 8, 2008
Friday, July 25, 2008
Existing-home sales inch ahead in Orlando area
Metropolitan Orlando's existing-home sales rose 3 percent in June from a year ago to 1,641 properties -- about four times as many single-family homes as were sold in Metro Miami and nearly three times as many as in Fort Lauderdale, the Florida Association of Realtors reported Thursday.Wall Street advances on upbeat readings on consumer sentiment, home sales, durable goods
Upbeat economic data lifted stocks Friday, placating a market pummeled a day earlier by concerns about housing and the financial sector.
House OKs mortgage rescue
House votes to offer as much as $300 billion in mortgages and to back up Fannie and Freddie. Bush says he'll sign it. Senate approval is likely.
'A golden opportunity' for government-subsidized housing
With hundreds of vacant homes and condos in the Orlando area -- many of them in foreclosure, with banks looking to unload them for less than $100,000 -- some experts say the answer to the region's seemingly intractable affordable-housing crisis is staring us in the face.Friday, July 11, 2008
A recession-proof home sale
ORLANDO, Fla. – July 1, 2008 – It’s a buyer’s market, but sellers can increase the chance of a sale in today’s climate by working with a Realtor and considering these eight things.
Cities explore whether it’s smart to be dense
SACRAMENTO, Calif. – July 8, 2008 – Gasoline was less than $2 a gallon when Mike McKeever brought his gospel of bikes, light rail and tightly packed neighborhoods to this state synonymous with cars, freeways and suburban sprawl.
Foreclosures to rise, no matter who wins presidency
WASHINGTON – July 7, 2008 – Home foreclosures will keep rising next year no matter who is elected president in November.
ORLANDO, Fla. – July 1, 2008 – It’s a buyer’s market, but sellers can increase the chance of a sale in today’s climate by working with a Realtor and considering these eight things.
Cities explore whether it’s smart to be dense
SACRAMENTO, Calif. – July 8, 2008 – Gasoline was less than $2 a gallon when Mike McKeever brought his gospel of bikes, light rail and tightly packed neighborhoods to this state synonymous with cars, freeways and suburban sprawl.
Foreclosures to rise, no matter who wins presidency
WASHINGTON – July 7, 2008 – Home foreclosures will keep rising next year no matter who is elected president in November.
Thursday, July 3, 2008
In May, Housing Market Rallied With Small Gain
The ailing housing market got a bit of a bump last month, as steadily falling home prices led to a small increase in sales, a realty group said Thursday.
Orlando ranks among top 60 U.S. high-tech cities
MetroOrlando ranks 20th among 60 U.S. cities based on its high-tech industry growth, according to a new report from the American Electronics Association.
Tourism execs would like to use Great Orlando Wheel for meeting, corporate even
Tourism execs hope the Great Orlando Wheel -- a planned, 400-foot-high observation wheel near the Orange County Convention Center -- will be more than just a fun attraction for tourists. The wheel's passenger capsules, each about 600 square feet, can also accommodate board meetings and other small corporate events.
Friday, June 27, 2008
NAR: Commercial real estate easing in economic slowdown
WASHINGTON – June 19, 2008 – Commercial real estate vacancies are trending up modestly, while investment has dropped sharply in the wake of the credit crunch, according to preliminary information for the latest Commercial Real Estate Outlook of the National Association of Realtors® (NAR).
22 arrested on charges of mortgage fraud
MIAMI – June 20, 2008 – Federal officials blasted the real estate industry on Thursday for not doing enough to prevent rampant fraud within its own ranks.
At least 22 people in Miami-Dade have been arrested on federal mortgage fraud charges in recent weeks, U.S. Attorney R. Alexander Acosta said. They’re accused of stealing more than $37 million from homeowners and banks.
Analyst paints rosy picture for S. Fla. real estate agents
CORAL GABLES, Fla. – June 16, 2008 – Home prices in South Florida “easily” could be 20 percent to 30 percent higher by 2013, the chief economist for the National Association of Realtors said Thursday.
Addressing local real estate agents during a conference at the Biltmore Hotel in Coral Gables, Lawrence Yun countered the persistent pessimism of experts who insist the region’s housing market will continue to struggle before rebounding slowly during the next few years.
New law allows landlords to charge liquidated damages
TALLAHASSEE, Fla. – June 16, 2008 – A Florida landlord can now charge liquidated damages or an early termination fee under a bill signed last week by Gov. Charlie Crist, even if the property is re-rented immediately. The bill is similar to one Crist vetoed last year.
WASHINGTON – June 19, 2008 – Commercial real estate vacancies are trending up modestly, while investment has dropped sharply in the wake of the credit crunch, according to preliminary information for the latest Commercial Real Estate Outlook of the National Association of Realtors® (NAR).
22 arrested on charges of mortgage fraud
MIAMI – June 20, 2008 – Federal officials blasted the real estate industry on Thursday for not doing enough to prevent rampant fraud within its own ranks.
At least 22 people in Miami-Dade have been arrested on federal mortgage fraud charges in recent weeks, U.S. Attorney R. Alexander Acosta said. They’re accused of stealing more than $37 million from homeowners and banks.
Analyst paints rosy picture for S. Fla. real estate agents
CORAL GABLES, Fla. – June 16, 2008 – Home prices in South Florida “easily” could be 20 percent to 30 percent higher by 2013, the chief economist for the National Association of Realtors said Thursday.
Addressing local real estate agents during a conference at the Biltmore Hotel in Coral Gables, Lawrence Yun countered the persistent pessimism of experts who insist the region’s housing market will continue to struggle before rebounding slowly during the next few years.
New law allows landlords to charge liquidated damages
TALLAHASSEE, Fla. – June 16, 2008 – A Florida landlord can now charge liquidated damages or an early termination fee under a bill signed last week by Gov. Charlie Crist, even if the property is re-rented immediately. The bill is similar to one Crist vetoed last year.
Friday, June 20, 2008
Some Very Good News for The Loan Market
Lenders Agree to Increase Anti-Foreclosure Efforts (Update1)
By Alison Vekshin
June 16 (Bloomberg) -- Citigroup Inc., Bank of America Corp. and other leading U.S. mortgage lenders agreed to expand efforts to help borrowers avert foreclosure as the Senate prepares to weigh legislation addressing the housing crisis.
Analyst paints rosy picture for S. Fla. real estate agents
CORAL GABLES, Fla. – June 16, 2008 – Home prices in South Florida “easily” could be 20 percent to 30 percent higher by 2013, the chief economist for the National Association of Realtors said Thursday.
New law allows landlords to charge liquidated damages
TALLAHASSEE, Fla. – June 16, 2008 – A Florida landlord can now charge liquidated damages or an early termination fee under a bill signed last week by Gov. Charlie Crist, even if the property is re-rented immediately. The bill is similar to one Crist vetoed last year.
Lenders Agree to Increase Anti-Foreclosure Efforts (Update1)
By Alison Vekshin
June 16 (Bloomberg) -- Citigroup Inc., Bank of America Corp. and other leading U.S. mortgage lenders agreed to expand efforts to help borrowers avert foreclosure as the Senate prepares to weigh legislation addressing the housing crisis.
Analyst paints rosy picture for S. Fla. real estate agents
CORAL GABLES, Fla. – June 16, 2008 – Home prices in South Florida “easily” could be 20 percent to 30 percent higher by 2013, the chief economist for the National Association of Realtors said Thursday.
New law allows landlords to charge liquidated damages
TALLAHASSEE, Fla. – June 16, 2008 – A Florida landlord can now charge liquidated damages or an early termination fee under a bill signed last week by Gov. Charlie Crist, even if the property is re-rented immediately. The bill is similar to one Crist vetoed last year.
Wednesday, June 4, 2008
Friday, May 16, 2008
Good Things Are Coming Our Way!
NAR: Home sales, prices to pick up in second half of 2008
WASHINGTON – May 15, 2008 – Home sales and prices throughout most of the country are poised for improvement in the second half of 2008, and the recovery will vary by market, Lawrence Yun, chief economist for the National Association of Realtors® said Thursday during NAR’s Midyear Legislative Meetings & Trade Expo. More than 9,000 Realtors® and guests are attending the conference that runs through Saturday.
WASHINGTON – May 15, 2008 – Home sales and prices throughout most of the country are poised for improvement in the second half of 2008, and the recovery will vary by market, Lawrence Yun, chief economist for the National Association of Realtors® said Thursday during NAR’s Midyear Legislative Meetings & Trade Expo. More than 9,000 Realtors® and guests are attending the conference that runs through Saturday.
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