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DAILY BRIEFING
Tuesday, August 22, 2006
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HOUSING GROWTH
For the second year in a row, Flagler County, Fla., had the highest rate
of growth in the number of housing units of any county in the nation --
14.8 percent or more than 5,000 units, according to U.S. Census Bureau
estimates. In a state ranking, Florida also topped the list, adding the
highest total number of housing units.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n1-08222006
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HOUSING MARKET
No bubble here: A study by the Federal Reserve Bank of Chicago
attributes price gains in the housing market over the past five years
to innovative mortgages and increased wealth -- not to speculative
building or lax monetary policy.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n2-08222006
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COMMERCIAL
NAR released its latest leading indicator for the commercial real
estate sector and the news is positively rosy: David Lereah, NAR's
chief economist, says ongoing improvements are long-term and
should continue well into 2007.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n3-08222006
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GAS PRICES
Rising gas prices hurt almost everyone, but they've really hammered
residential real estate agents, many of whom drive more than
20,000 miles per year on business.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n4-08222006
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PREDATORS
Home shoppers checking neighborhoods for sexual predators now
have more tools at their fingertips through Florida's searchable Web
site. It not only lists where the predator lives, but info about his car
and boat along with details of the conviction.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n5-08222006
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PROPERTY INSURANCE: SUGGEST SOLUTIONS
The Property and Casualty Insurance Reform Committee, chaired by
Lt. Governor Toni Jennings and including two Realtor members, will
hold its second meeting this Thursday, Aug. 24, in Orlando from 9 a.m.
to 4 p.m. Anyone may attend, and as part of the meeting, the committee
will listen to public input and comments about property insurance issues
in Florida. Additional information can be found on the committee's
newly launched Web site that features member bios and meeting
information; and comments may also be submitted online at
http://www.myfloridainsurancereform.com. Thursday's meeting
will take place in Orlando at the Orange County Convention Center,
Room S320, 9899 International Drive.
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AROUND FLORIDA
For complete news coverage (password required):
http://planetrealtor.com/Florida/News
North Port: New house permits declining
http://www.sun-herald.com/NewsArchive2/082006/ew12.htm?date=082006&story=ew12.htm
Orlando: Soaring condo plans come down to earth
http://www.orlandosentinel.com/news/orl-towers20x06aug20,0,3859626.story?coll=orl-news-headlines
Tallahassee: Real estate sticker shock hits parents
http://www.tallahassee.com/apps/pbcs.dll/article?AID=/20060819/REALESTATE/608190310/-1/NEWS02
COMMERCIAL
Palm Beach County: Industrial space market 3rd in nation
http://www.palmbeachpost.com/business/content/business/epaper/2006/08/22/a2d_industrial_0822.html
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