| Click here for yesterday's / today's market indices
|
|
| Revealed: Realtors' incomes
|
| Experience counts: The median gross income of a Realtor with two or fewer years of experience was $8,100; it was $20,700 among those with three to five years of experience; it was $44,500 among those with at least 16 years experience.
|
| @ Sarasota Herald Tribune | Posted: 08/04/09 at 0201 EDST
|
| Publix sales, profits and stock price inch upward in second quarter
|
| Revenues were $6 billion, up 3 percent from a year ago. Net income was $301 million, or 38 cents a share, up from $296 million, or 36 cents a share.
|
| @ St. Petersburg Times | Posted: 08/04/09 at 0315 EDST
|
| Doldrums continue for Lee County - Ft Myers
|
| There were 1,877 foreclosures filed in July, slightly more than the 1,756 in June, according to the Southwest Florida Real Estate Investment Association. Meanwhile, there were 120 single-family home permits pulled countywide in July, a little better than the past several months, but far below the heyday of the industry in 2005 when the number was often more than 1,000.
|
| @ Ft. Myers News Press | Posted: 08/04/09 at 0320 EDST
|
| Why Jacksonville's economic indicators lead most of Florida
|
| Which of these Florida cities - Orlando, Tampa, Miami or Jacksonville - would you suppose has the highest per capita income? Which of the three would you guess has the least unemployment? How about the least drop in home prices in the last couple of years? Finally, which of the three do you suppose is predicted to enjoy the greatest rate of job growth in the coming three years?
|
| @ Jacksonville Times Union | Posted: 08/04/09 at 0330 EDST
|
| Ford sees first sales increase since 2007
|
| Ford saw its first year-over-year increase in U.S. sales since November 2007, netting a 1.6% sales gain compared with July 2008, while Hyundai Motor Co., Volkswagen, Kia and Subaru all saw sales increases. General Motors Co., Toyota Motor Corp. and Chrysler, among others, had sharply diminished sales slides.
|
| @ Chicago Tribune | Posted: 08/04/09 at 0345 EDST
|
| Reverse opinion on mortgages
|
| A rash of TV ads make it all sound like easy money. The originating lender makes money on your decision by charging you upfront fees, and they can be substantial. One woman testified to Congress that her mother already had a low-cost home equity loan, but she was persuaded by a lender to get a reverse mortgage that cost her more than $16,000 in closing fees.
|
| @ Chicago Sun Times | Posted: 08/04/09 at 0400 EDST
|
| Online Job Demand Holds Steady in July
|
| Online job demand, which has been basically flat since February, edged up by 700 in July. States: Larger States in the South continue to show modest strength while the trend is still down in the West. Occupations: Advertised vacancies in Sales and related occupations increase in July, but for every online advertised vacancy, there are 4 unemployed workers seeking jobs in this field.
|
| @ The Conference Board | Posted: 08/04/09 at 0415 EDST
|
| Construction spending during June 2009
was $965.7 billion, 0.3 percent above the revised May estimate of $963.2 billion.
|
| The June figure is 10.2 percent below the June 2008 estimate of $1,075.6 billion. During the first 6 months of this year, construction spending amounted to $455.6 billion, 11.4 percent below the
$514.4 billion for the same period in 2008.
|
| @ U.S. Census Bureau | Posted: 08/04/09 at 0419 EDST
|
|
|
| Commercial banks must pass through additional BOJ interest rate cuts
|
On Monday, August 3, Scotiabank Jamaica will reduce its base lending rate by one per cent, from 21.5 per cent to 20.5 per cent, passing through the one per cent reduction in the Bank of Jamaica (BOJ) interest rate of Friday, July 24.
Editor's Comment: This is NOT a typo. 20.5 %!!
|
| @ Jamaica Observer | Posted: 08/04/09 at 0646 EDST
|
| New coastal law set to boost property investment in Nicaragua
|
| After five years of uncertainty and speculation the government in Nicaragua has finally approved a new coastal law that bans property from being built within 50 meters of the sea. The decision is a huge relief for real estate investors, many of them foreign, who were concerned that a temporary ban on property within 800 meters of the coast might be approved.
|
| @ The Property Wire | Posted: 08/04/09 at 0652 EDST
|
| Upturn in International output gained traction as new orders recovered
|
| At 50.0 in July, the JPMorgan Global Manufacturing PMI indicated that operating conditions stabilised following a sustained period of weakness. PMIs remained above 50.0 in China, India and Turkey and rose back above this level in Japan and the UK for the first time in 17 and 16 months respectively.
|
| @ Institute of Supply Management | Posted: 08/04/09 at 0655 EDST
|
| -30- |
