Real Estate News – March 28, 2011

U.S. commercial rents will reach their former peak levels by 2015, with growth in office and warehouse rates surpassing the apartment sector in two years, according to a forecast by RREEF (via Bloomberg.com): http://bloom.bg/gDfMd1

A Florida Court’s ‘Rocket Docket’ Blasts Through Foreclosure Cases (via WSJ.com): http://on.wsj.com/gdIJxZ

Mortgages for single-family homes that are 90 days or more delinquent declined for the third consecutive month in February, Freddie Mac reports (via REALTORMag): http://bit.ly/hX5JMO

Brooklyn prosecutors announced the arrests of 18 con artists in 15 different real estate fraud cases Monday.  The schemes ran the gamut – from fraudulent reverse mortgages, to crooked loan modifications and deed theft (via nydailynews.com): http://nydn.us/ifDRQK

House Republicans plan to introduce eight bills on Tuesday that would each take a small step toward pushing taxpayer-backed mortgage giants Fannie Mae and Freddie Mac out of business, according to congressional aides and lobbyists (via MercuryNews.com): http://bit.ly/fxZ292

Kids’ lemonade stand curtailed by their homeowners association (via wptv.com): http://bit.ly/hzH11V