The Real Deal Miami

Housing prices decline, job cuts at highest level since 2002 … and more

December 03, 2008 05:47PM

1. Over three-year downturn, a 35 percent decline in housing prices [Sun-Sentinel]
2. Commercial mortgage delinquencies will increase [Bloomberg]
3. Salvation Army offers transitional housing in South Florida [Sun-Sentinel]
4. Lake Worth to hold meeting on beachfront casino redevelopment [Palm Beach Post]
5. Job cuts at highest level since 2002 [CNN]
6. How long will recession last? [Fortune via CNN]
7. Palm Beach County Commission endorses plan for industrial distribution center [Sun-Sentinel]
8. What will happen if bailout efforts work? [Seeking Alpha]
9. Single-family home prices fell faster in third quarter [SFBJ]
Treasury ponders plan to help home prices [WSJ]
11. Foreclosure workshops offered [Sun-Sentinel]
12. Economists: stabilize home prices by cutting them [WSJ]
13. Builders downsizing communities [Reuters]
14. Wachovia Jacksonville tower sells for $51M [GlobeSt