The Real Deal Miami

Sunrise to rehab foreclosed homes, hotels to have difficult season … and more

August 18, 2009 09:39AM

1. Sunrise to buy, rehab and sell foreclosed homes [Sun-Sentinel]
2. Commercial real estate tenants do well in the downturn [Sun-Sentinel]
3. Office condominiums might be coming back [GlobeSt]
4. 27 percent of property owners cut list prices in August [Miami Herald]
5. Stiles headquarters gets LEED rating [GlobeSt]
6. Hotels to have difficult season [SFBJ]
7. Archdiocese of Miami plans to close 13 churches [Miami Herald]
8. South Florida is 10th richest area in the country [Miami New Times]
9. Residents against proposed Miami-Dade budget cuts [Miami Herald]
10. Appraisers criticized for traveling too far to assess homes [WSJ]
11. NAHB temporarily shuts office to cut costs [Realtor Magazine]
12. China reportedly buying U.S. mortgages [Reuters via CNNMoney]
13. BOMA report provides data on building income and operating expenses [National Real Estate Investor]
14. Homeowners fall for foreclosure rescue scams [ABC]
15. U.S. builders upbeat [Reuters]
16. Multiple offers are the norm again in some markets [Inman]
17. Non-profit group looks to replace the deteriorating Greenwich Civic Center [Greenwich Time]
18. Sellers still don’t know what their homes are worth [CNBC]
19. Government stimulus efforts may need to wind down before economy can recover [Washington Post]
20. Commercial real estate distress forthcoming [Epoch Times]
21. Many refinancings offer right of rescission, but few take advantage [Inman]
22. Housing market index showing a slight increase [Seeking Alpha]
23. Home builders want extension of tax credit for home buyers [Realty Times]
24. Fed reports rise in delinquency rates in Q2 2009 [Calculated Risk]
25. Domestic banks continue to tighten standards, survey shows [Calculated Risk]