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      <description>News, sports and entertainment from MiamiHerald.com</description>
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      <copyright>Copyright 2009 MiamiHerald.com</copyright>

      <category domain="MiamiHerald.com">Real Estate News</category>
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        <pubDate>Tue, 10 Nov 2009 04:25:46 EST</pubDate>
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    <title>Fewer homes show a deficit</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1325476.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1325476.html</guid>
    <pubDate>Tue, 10 Nov 2009 01:00 EST</pubDate>
    <description>Nearly half of all owners of single-family homes in the Miami-Fort Lauderdale metropolitan area were underwater at the end of the third quarter, meaning their homes were valued for less than the mortgages owed against them.
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    <title>46% of South Florida homeowners are `underwater'</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1324267.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1324267.html</guid>
    <pubDate>Mon, 09 Nov 2009 10:42 EST</pubDate>
    <description>Nearly half of all owners of single-family homes in the Miami-Fort Lauderdale metropolitan area were underwater at the end of the third quarter, meaning their homes were valued at less than the mortgages owed against them.
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<item>
    <title>Real estate listings from Michael Y. Cannon</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1322832.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1322832.html</guid>
    <pubDate>Mon, 09 Nov 2009 01:00 EST</pubDate>
    <description>DEERFIELD BEACH&amp;lt;p/&amp;gt;OFFICE BUILDING&amp;lt;p/&amp;gt;ACQUIRED FOR $1.2M&amp;lt;p/&amp;gt;   Location: 1300 E. Hillsboro Blvd.&amp;lt;p/&amp;gt;   Seller: Denise A. Ashleman.
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    <title>In current real estate market, even God's House is for sale</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1322565.html</link>
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    <pubDate>Sat, 07 Nov 2009 01:00 EST</pubDate>
    <description>In South Florida&amp;#39;s bleak real-estate market, houses for sale aren&amp;#39;t the only glut. Churches and other religious properties, some of them bank foreclosures, are plentiful, and stuck in a commercial purgatory.</description>
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    <title>Expert: Problem of defective Chinese drywall is no surprise</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1321341.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1321341.html</guid>
    <pubDate>Sat, 07 Nov 2009 01:00 EST</pubDate>
    <description>It was just a matter of time before a problematic building material would make it into American homes.&amp;lt;p/&amp;gt;   That&amp;#39;s what state toxicologist Dr. David Krause told attendees during a summit on defective Chinese drywall Friday in Tampa.
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<item>
    <title>Suit takes aim at Soffer empire</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1319564.html</link>
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    <pubDate>Fri, 06 Nov 2009 01:00 EST</pubDate>
    <description>Jeffrey Soffer created a ``corporate shell game&amp;#39;&amp;#39; to borrow nearly $3 billion for the Fontainebleau Las Vegas and now is trying to shield his family&amp;#39;s real estate empire from the fallout of that project&amp;#39;s bankruptcy, according to a new lawsuit against companies controlled by the Aventura developer.</description>
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    <title>Holiday complicates home-buyer credit rush</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1313268.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1313268.html</guid>
    <pubDate>Tue, 03 Nov 2009 01:00 EST</pubDate>
    <description>First-time home buyers seeking the $8,000 tax credit aren&amp;#39;t just racing a Nov. 30 deadline to buy a house; they&amp;#39;re also competing with Thanksgiving, traditionally a three-day work week for financial institutions integral in closing a home deal.
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    <title>Foreign investors dominate in South Florida real estate purchases</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1310794.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1310794.html</guid>
    <pubDate>Mon, 02 Nov 2009 01:00 EST</pubDate>
    <description>In order to help his clients close on units at the luxury St. Tropez condominium in Sunny Isles Beach, developer Joe Milton recently put up $100 million of his company&amp;#39;s cash to set up a mortgage company to fund loans.
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    <title>Real estate listings from Michael Y. Cannon</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1310801.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1310801.html</guid>
    <pubDate>Mon, 02 Nov 2009 01:00 EST</pubDate>
    <description>PLANTATION&amp;lt;p/&amp;gt;OFFICE BUILDING&amp;lt;p/&amp;gt;ACQUIRED FOR $2M&amp;lt;p/&amp;gt;  Location: 1368 N. University Dr.&amp;lt;p/&amp;gt;   Seller: Plantation Key Office Park, by Plantation KOP, general partner, represented by Paul Douglas, managing member.
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    <title>Editor's note: Foreign investors may help South Florida recover</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1310806.html</link>
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    <pubDate>Mon, 02 Nov 2009 01:00 EST</pubDate>
    <description>``The word is out across the entire globe that Miami is on sale, so we have had a lot of good activity this entire year.&amp;#39;&amp;#39;&amp;lt;p/&amp;gt;   Those enthusiastic words from Ron Shuffield, president of Esslinger-Wooten-Maxwell Realtors, succinctly sum up this week&amp;#39;s cover story on Page 16. As reporter Monica Hatcher notes, foreign buyers have become a key factor in the recent surge in home sales in South Florida. And they often come with cash in hand, which is good news for our local economy.
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    <title>Turnberry told to pay $6M to Fairmont</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1309396.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1309396.html</guid>
    <pubDate>Sat, 31 Oct 2009 01:00 EDT</pubDate>
    <description>The Soffer family&amp;#39;s Turnberry Isle resort must pay $6 million to the hotel&amp;#39;s operator -- fees held back over allegations of mismanagement at the money-losing luxury resort in Aventura.
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    <title>Bank of America faces complaints over mortgages and stalled loan modifications</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1309390.html</link>
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    <pubDate>Sat, 31 Oct 2009 01:00 EDT</pubDate>
    <description>Hundreds of struggling Florida homeowners have filed complaints with Florida Attorney General Bill McCollum in the past year about failed or stalled home mortgage loan modifications with Bank of America.
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    <title>Newcomers to give Florida banks a run for the money</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1307800.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1307800.html</guid>
    <pubDate>Fri, 30 Oct 2009 01:00 EDT</pubDate>
    <description>The battle for Floridians&amp;#39; wallets is heating up.&amp;lt;p/&amp;gt;   A series of bank takeovers, spurred by the recent financial upheaval, has brought several new banking giants to the state -- already one of the most competitive landscapes in the nation for banking.
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    <title>Chinese drywall report delayed</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1307787.html</link>
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    <pubDate>Fri, 30 Oct 2009 01:00 EDT</pubDate>
    <description>Homeowners who have been living with what they suspect are problems related to Chinese drywall may have to wait months before they know whether their suspicions are true.</description>
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<item>
    <title>Redland food makes a name for itself on store shelves</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1307472.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1307472.html</guid>
    <pubDate>Fri, 30 Oct 2009 01:00 EDT</pubDate>
    <description>Jessie Capote&amp;#39;s father started growing boniato, or the Cuban sweet potato, on five acres of land off Krome Avenue in Homestead more than 40 years ago. Around the same time, a few miles west, Lynn Chaffin&amp;#39;s father-in-law began his own farm of vine-ripened tomatoes.</description>
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    <title>Senators agree to extend home buyer tax credit</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1306204.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1306204.html</guid>
    <pubDate>Thu, 29 Oct 2009 08:37 EDT</pubDate>
    <description>Senators agreed Wednesday to extend a popular tax credit for first-time home buyers and to offer a reduced credit to some repeat buyers.&amp;lt;p/&amp;gt;   The tax credit provides up to $8,000 to first-time home buyers but is set to expire at the end of November. The Commerce Department said Wednesday that new home sales fell 3.6 percent in September, and some industry representatives blamed uncertainty about the tax credit.
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    <title>Calculate the recovery period for your underwater home mortgage</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1298835.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1298835.html</guid>
    <pubDate>Wed, 28 Oct 2009 11:08 EDT</pubDate>
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    <title>Indexes give mixed signals</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1303428.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1303428.html</guid>
    <pubDate>Wed, 28 Oct 2009 01:00 EDT</pubDate>
    <description>Home prices in South Florida continued to eke out modest gains even as confidence in the economy stalled, according to two widely-watched reports released Tuesday, sending mixed messages to a jittery market during the run-up to the critical holiday-shopping season.
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    <title>Home prices rise in most U.S. cities, including Miami</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1302322.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1302322.html</guid>
    <pubDate>Tue, 27 Oct 2009 15:22 EDT</pubDate>
    <description>U.S. home prices rose for the third straight month in August, data released Tuesday showed, a key sign for a broad and sustained housing recovery.&amp;lt;p/&amp;gt;   The Standard &amp;amp; Poor&amp;#39;s/Case-Shiller home price index of 20 major cities climbed 1.2 percent from July to a seasonally adjusted reading of 144.5. While prices are down 11.4 percent from August a year ago, the annual declines have slowed since February.
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    <title>Home builder shares slide as analyst cuts estimates</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1302107.html</link>
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    <pubDate>Tue, 27 Oct 2009 08:22 EDT</pubDate>
    <description>Shares of home builders, including Miami-based Lennar, slid Monday after an analyst cut his estimates on several companies and said most in the industry won&amp;#39;t turn a small profit until late 2011.
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