Palm Beach retailers want lower rents, Homestead and Florida City have particularly high foreclosure rates … and more

1. Palm Beach retailers joining together in quest for lower rent [Palm Beach Daily News]
2. South Florida projects face foreclosure suits [SFBJ], [SFBJ], [SFBJ] and [SFBJ]
3. Vornado chairman warns of difficult two years ahead [Zero Hedge]
4. Homes with Chinese drywall won’t lose homestead tax exemptions [Sun-Sentinel]
5. Palm Beach home sells for $12.5M with two bidders [Palm Beach Daily News]
6. Hallandale Beach waterfront site up for foreclosure sale [SFBJ]
7. Real estate market has stalled Pembroke Pines’ City Center plans [Sun-Sentinel]
8. Delray Beach commission to look at Atlanta Plaza project tomorrow [Sun-Sentinel]
9. Homestead and Florida City see particularly high foreclosure rates [Miami Herald]
10. Jacksonville company sued for mortgage modification fees [Jacksonville.com]
11. Bankruptcy reform legislation could help homeowners avoid foreclosure [Orlando Sentinel]
12. Florida condos in disrepair as condo association budgets shrink [Property Wire]
13. Miami among riskiest real estate markets [Newsweek]
14. Job losses increase commercial real estate worries [National Real Estate Investor]
15. Real estate professionals should offer comparative market analyses [Yahoo! Real Estate]
16. Century 21 launches sweepstakes with $221,000 prize [Inman]
17. Reed Business Information closes construction publications [Folio]
18. Obama’s program for homeowners doesn’t deal with negative equity [Inman]
19. Flood of first-time buyers doesn’t indicate market bottom [Seeking
Alpha]
20. Fannie Mae refinancings highest since 2003 [The Truth About Mortgage.com]
21. Employed homeowners claim they’re unemployed to get mortgages modified [The Business Insider]
22. Credit Suisse downgrades commercial REITs [Reuters]
23. General Growth stocks rise on suggestions bankruptcy won’t happen soon [Bloomberg]
24. New exchange-traded fund could give investors way to bet on
housing prices [WSJ]