Sales of existing homes in Lee County rose sharply in September as prices continued to drop, according to statistics released this morning by the Florida Association of Realtors. There were 746 houses sold with the help of a Realtor in September, up 9 percent from 684 in August, the association
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10/24/2008
Global Private Equity Report 2008 PriceWaterhouseCoopers Out is the virtuous circle of low interest rates, steady economic growth, easy leverage ad rising portfolio company valuations. Instead, tough economic times are beginning and capital markets are having a crisis of confidence. The topic
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10/23/2008
Emerging Trends 2009 Real estate industry investors and professionals expect financial and real estate markets in the United States to bottom in 2009 and flounder for much of 2010, with ongoing drops in property values, more foreclosures and delinquencies, and a limping economy that will continue
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10/23/2008
2008 Summary of Commentary on Current Economic Conditions Commonly known as the Beige Book, this report is published eight times per year. Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its District through reports from Bank and Branch directors and i
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10/15/2008
The Good News In Florida …Bankers Assure Gov. Crist money is available for home loans, Did you know that there is $541,000,000 coming in Federal aid for Foreclosure assistance, and Countrywide agrees to pay $1 Billion to Floridians who suffered from predatory lending! 1. Bankers have assured G
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10/12/2008
Another Question I ask my Active Rain Friends: Does opportunity knocking make a noise, even if you choose not to hear it? In Lee County's the existing home market has steadily improved each quarter this year, and the third quarter is no exception. Our third-quarter pending sales were 41 percent
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10/12/2008
The rescue package follows an escalating 14-month-old credit crunch stemming from a meltdown in US home prices after a frenzied real-estate boom fueled by easy credit.Uncertainty remains about precisely how the rescue plan will work, and if it will work. Paulsen and the White House have said the
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10/12/2008
Report: Florida among top tax-friendly states for business Florida ranks among the top 10 states with the nation's most business-friendly tax systems, according to an index released this week by the Tax Foundation. The index compares 50 states in five areas of taxation that impact business
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10/11/2008
Natural gas lines extending to downtown Cape Coral Property owners in the Cape Coral downtown area and along Chiquita Boulevard might soon have access to natural gas — a rare commodity in Southwest Florida. But given the cost officials say further gas expansion is unlikely. Tampa-based TECO is
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10/11/2008
Estero Hyatt earns green-lodging designation The Hyatt Regency Coconut Point Resort & Spa is the first hotel in the state to earn the highest level as a Florida Green Lodging, represented by a three-palm-tree symbol.Florida Green Lodgings is the voluntary program that recognizes businesses con
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10/11/2008