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SouthFL_Realtor

  1. TARP borrowers wants out from under strict govt control on pay & operations, plus all of the scrutiny over every single business decision.
  2. Citigroup may get to beat Wells Fargo in the race to exit the TARP in the catch-up game to Bank of America.
  3. Dubai deflated. New data shows residential real-estate prices are falling faster here than anywhere else on Earth. www.forbes.com/
  4. Dubai's construction boom was fueled by E-Z credit, poorly regulated market overrun by speculators. A hgh rise,steep fall. Sound familiar?
  5. The House voted to extend $31 billion in popular tax breaks, incl'g an income tax deduction for sales & property taxes.Bill now on to Senate
  6. RE/MAX named Top 100 Military Friendly Companies by G.I.Jobs magazine. RE/MAX was the only R.E. co.honored from more than 5,000 co.'s.
  7. Being GREEN can begin with baby steps. Because, more importantly, with each small effort becomes an awareness for larger steps. Just start!
  8. University of Miami School of Business Admin. has appointed artist Romero Britto to the school's entrepreneurship program advisory board.
  9. The US Green Building Council South FL names new board of directors: http://miamiherald.typepad.com/movers_in_south_florida/
  10. Great site from NASA for Greenies, Eco-conscience. Real time satellites monitoring earth. http://climate.nasa.gov/Eyes/eyes.html
  11. Hollywood,FL-24-unit Mediterranean at Young Circle (orig. bult as condos) has been sold for $3.1 million. Buyer to lease as apts.
  12. Kudos to SoFL's Moss & Assoc.and D.Stephenson Const. on building the $13.1 million Lauderhill Muni.Complex; built to LEED Silver standards.
  13. South FL: Free foreclosure prevention workshop, Sat.,Dec.5,11 AM, Southwest Regional Library,16835 Sheridan Street, Pembroke Pines, FL 33331
  14. Due to expire 12/31,Obama to extend TARP bailout fund to next Oct. Geithner,"huge portion may not be needed, but premature to close program
  15. At bubble peak 2006 25% of mortg's were subprime to 0 now. FHA stepped up to fill void. FHA mortgs. less than 3% in 2006, to 23 % this year.
  16. FL Senate approved train legislation to bail out SoFL Tri-Rail, kick-start a Central FL rail project, & start bullet-commuter train.
  17. Miami South Beach's trendy, high-profile Gansevoort hotel to be auctioned in foreclosure auction sale.
  18. Moody's Economy.com predicts Miami RE mkt. to go down over 30% in Miami areas by this time next year. Blaming addtl. foreclosures coming.
  19. Zillow reports U.S. homeowners have lost about $5.9 trillion in value since housing market’s peak in March 2006 w/foreclosures & recession.
  20. @Donny_Deutsch RodneyDangrfield, "The big difference between sex for money and sex for free is that sex for money usually costs a lot less."