The News Press has this from Florida. "Cape Coral may have fewer construction jobs by the end of the year if the four-month decline in single family home permits continues. The city issued 251 permits in June. That's just under half the 525 issued in March and the lowest monthly total since 218 were issued in August of 2002."

"'Buyers are defaulting. They don't like the market right now. It's the resale market. It's down,' said Cheryl Sczesny, sales manager for Adams Homes."

From The Palm Beach Post. "Looking for that dream home? Try scrolling past eBay's 'pottery and glass' category. Click on 'real estate,' enter the keyword Florida, and stand back. Midafternoon Monday, the online auction house listed 528 Florida real estate and time-share properties; about three out of every 10 on the auction block were in South Florida."

"Plenty of South Florida sellers clearly are looking closer to home. And some are willing to sell in bulk. Boca Raton businessman Giovanni DiStadio is back on eBay this month with another offering: A total of 67 West Palm Beach condos are up for grabs for a bargain-basement price of $7.7 million; 'only $116,000 a unit!!!' bellows the ad."

"With only four more hours left to bid, a Jensen Beach time share topped out at $860, less than the annual maintenance fee. And in true eBay style, early bids seldom offer much in the way of profit to anybody: The initial asking price on a Delray Beach condo was a blushingly modest 99 cents."

From the Miami Herald. "Developer Related Group announced it passed the $1 billion sales mark at ICON Brickell, a three-tower condo and hotel project in Miami. The condo developer, the biggest in the country, reached the milestone despite what it called the 'gloomy forecast for real estate.'"

"In the heady days of the condo boom, Related Group would sell out projects in weeks. In a recent interview, Chairman and CEO Jorge Perez wasn't gloomy, but he wasn't bubbly either."

"'What goes up must come down,' he said. 'You don't have huge expansions without a period of decline or adjustment. This is `Real Estate 101.'"