DAILY BRIEFING


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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.

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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.

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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.

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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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