Advertise on the Real Estate Daily News

Current subscription base: 121,000 - Florida / 113,000 - Illinois / 8,000

Great for exceptional residential, and commercial properties, restaurants, auctions, attorneys, CPA's, mortgage brokers

Click here for terms and pricing.

 

Real Estate Daily News
Your Source For Comprehensive Real Estate News
Legislation, The Market, The Economy, International, Finance, Taxes, Zoning

 

August 14, 2009
United States


For Bargain Homesite
Deals in North Port Florida,
Click here!!
Willis Miller

Our Immediate Past Issues
August 13, 2009
August 12, 2009
August 11, 2009
August 10, 2009
August 07, 2009
August 06, 2009
August 05, 2009
August 04, 2009
August 03, 2009
July 30 2009
July 29 2009
July 28 2009
July 27 2009
July 24 2009
July 23 2009
July 22 2009
July 21 2009
July 20 2009
July 17 2009
July 16 2009
July 15 2009
Click here for yesterday's / today's market indices

Florida
Visa opportunity drawing foreign investors to Florida
Local immigration attorneys say a growing number of Latin American and European clients are applying for investor visas, which in some cases lay down a fast track to residency and eventually citizenship. Others offer a chance to live and work in the country indefinitely.
@ Miami Herald | Posted: 08/14/09 at 0201 EDST
July foreclosure filings soar in Broward
July foreclosure filings soar in Broward. Broward had the state's third-highest foreclosure rate in July and is consistently among the top five. In Palm Beach County, though, foreclosure filings dropped 24 percent last month from a year ago, to 2,652.
@ Ft. Lauderdale Sun Sentinel | Posted: 08/14/09 at 0315 EDST
Orlando remains foreclosures 'hot spot'
Orlando's pool of foreclosures swelled in July, and yet the city dropped in a nationwide ranking of foreclosure-prone metro areas because other cities were hit even harder
@ Orlando Sentinel | Posted: 08/14/09 at 0320 EDST
The recession is over? Wouldn't know it looking at Tampa Bay real estate
The recession's over but 6,767 Tampa Bay area homeowners slunk into foreclosure in July, only a slight improvement from the 7,200 in June. The grand tally of local foreclosure filings so far: more than 100,000.
@ St. Petersburg Times | Posted: 08/14/09 at 0330 EDST
Midwest
First-time buyers race to beat credit deadline
Real estate agents say they're seeing a surge of first-timers who want to close on a property by Nov. 30, the deadline for the credit. The rush has set off bidding wars and stirred up a normally quiet August market.
@ Chicago Tribune | Posted: 08/14/09 at 0345 EDST
Minnesota Supreme Court ruling: Mortgage holders needn't be named
In a 6-1 decision, the court ruled that state law does allow the name of a widely used electronic registry of home mortgages, Mortgage Electronic Registration Systems Inc. (MERS), to be listed as the mortgagee of record in thousands of foreclosures. MERS is a tracking system and doesn't own the loans. The registry attracted national attention as foreclosures began sweeping the country and it began representing lenders.
@ Minneapolis Star Tribune | Posted: 08/14/09 at 0400 EDST
Des Moines homes sales jump 8% in July
July home sales in the Des Moines metro area spiked 8 percent above a year ago, more homes sold than in any month in nearly two years, the Des Moines Area Association of Realtors said today in a new report. The report shows 890 homes were sold in July and 916 sales were pending, a nearly 15 percent increase over a year earlier.
@ DesMoines Register | Posted: 08/14/09 at 0415 EDST
Wisconsin second-quarter home prices fall 9.9% statewide
Median homes prices fell 9.9% in Wisconsin during the second quarter, a figure real estate professionals said Wednesday was tilted lower by the large number of starter and less-expensive homes purchased.
@ Milwaukee Journal | Posted: 08/14/09 at 0419 EDST
National
More U.S. home sellers cutting prices: survey
One in four U.S. homes for sale on August 1 had their prices marked down at least once since landing on the market
@ Reuters | Posted: 08/14/09 at 0419 EDST
U.S. retail and food services sales for July, decreased 0.1 percent from the previous month
Sales were 8.3 percent below July 2008. Total sales for the May through July 2009 period were down 9.0 percent from the same period a year ago.
@ U.S. Census Bureau | Posted: 08/14/09 at 0419 EDST
Advertise on the Real Estate Daily News
Please click here
International
European Consumer Prices Fell More Than Estimated in July
Prices in the 16-member euro region fell 0.7 percent from the year-earlier month after declining 0.1 percent in June
@ Bloomberg News | Posted: 08/14/09 at 0646 EDST
Important Deadline for U.S. Taxpayers with Mexico Investments
U.S. taxpayers are required to file certain reports with the U.S. government if they own property in Mexico, have a business in the country, or are shareholders in Mexican corporations. Uncle Sam, U.S. tax watchdog, has instituted a voluntary disclosure program for those people who may have omitted reporting in the past. This program is designed to limit penalties that may be imposed on those U.S. taxpayers who have failed to make the required declarations previously.
@ Bandaras News Puerto Vallarta, MX | Posted: 08/14/09 at 0652 EDST
UK repossessions fall 10% after pressure on banks
Today's figures from the Council of Mortgage Lenders (CML) show that there were 11,400 cases of repossessions — equivalent to one mortgage in 1,000 — between April and June, 10 per cent fewer than the 12,700 in the first three months of the year. However, on a year-on-year basis, the number of repossessions rose by 14 per cent, compared with the 10,000 cases in the second quarter of 2008.
@ London Times | Posted: 08/14/09 at 0655 EDST
-30-

For questions or comments, please email Earl J. Niemoth

Please click here for www.RealEstateOnTheInternet.biz

Why wait for the Real Estate Daily New's Email?
You can read it at our website. It's finished around 0615 EDST. Please bookmark the site.