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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>Sun, 22 Nov 2009 02:48:23 EST</pubDate>
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    <title>`Architectural triumph' sells for $5 million</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1341967.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1341967.html</guid>
    <pubDate>Sun, 22 Nov 2009 01:00 EST</pubDate>
    <description>Hot Property: South Florida spotlights selected luxury home sales in Miami-Dade, Broward and Palm Beach counties.&amp;lt;p/&amp;gt;   Graham and Candice Walsh are the new owners of a 6,401-square-foot home in Miami Beach. The property was sold for $5,020,000, or $785 per square foot. The two-story Mediterranean home has six bedrooms, four full bathrooms, two half bathrooms, and a separate maid&amp;#39;s quarters. 
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    <title>Florida still leads nation in foreclosures</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1342789.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1342789.html</guid>
    <pubDate>Fri, 20 Nov 2009 01:00 EST</pubDate>
    <description>Florida continues to hold the dubious distinction of having the highest foreclosure rate in the nation.&amp;lt;p/&amp;gt;   One in four mortgages in Florida were either past due or in foreclosure, according to third-quarter data from the Mortgage Bankers Association. Nevada was close behind at 23 percent.</description>
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    <title>Florida leads nation in foreclosures</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1341867.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1341867.html</guid>
    <pubDate>Thu, 19 Nov 2009 13:57 EST</pubDate>
    <description>Florida had the highest foreclosure and mortgage delinquency rate in the nation during the third quarter of 2009, as 18.8 percent of all loans were either 90 days overdue or in foreclosure, the Mortgage Bankers Association reported Thursday.
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    <title>Mortgage rates fall to record lows</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1341590.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1341590.html</guid>
    <pubDate>Thu, 19 Nov 2009 08:12 EST</pubDate>
    <description>Mortgage rates dropped to a historic low, but fewer people are getting home loans.&amp;lt;p/&amp;gt;The benchmark 30-year fixed-rate mortgage fell 13 basis points, to 5.06 percent, according to the Bankrate.com national survey of large lenders released Thursday. A basis point is one-hundredth of one percentage point.
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    <title>High-profile builder's Palm Beach office complex to be auctioned</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1337625.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1337625.html</guid>
    <pubDate>Tue, 17 Nov 2009 08:52 EST</pubDate>
    <description>Palm Beach builder Robert Matthews&amp;#39; development dynasty has tumbled during the past several months, losing to foreclosure his historic Nantucket Inn, the former Heart of Palm hotel in Palm Beach, and now a second island property, which will go to auction next week.
</description>
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    <title>U.S. mortgage delinquencies hit another quarterly record</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1337623.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1337623.html</guid>
    <pubDate>Tue, 17 Nov 2009 08:52 EST</pubDate>
    <description>The pace at which people fell behind on their mortgages slowed during the summer for the third consecutive quarter, but the overall delinquency rate hit another record, a new report shows.
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<item>
    <title>Equity One buys land in New York</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1337572.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1337572.html</guid>
    <pubDate>Tue, 17 Nov 2009 08:22 EST</pubDate>
    <description>North Miami Beach-based Equity One, an owner, developer, and operator of shopping centers, said Tuesday it has closed on the purchase of a 22-acre property on Long Island, N.Y.
</description>
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<item>
    <title>Real estate listings from Michael Y. Cannon</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1334584.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1334584.html</guid>
    <pubDate>Mon, 16 Nov 2009 01:00 EST</pubDate>
    <description>HIALEAH&amp;lt;p/&amp;gt;OFFICE BUILDING&amp;lt;p/&amp;gt;SELLS FOR $675,000&amp;lt;p/&amp;gt; Location: 2899 W. 4th Ave.&amp;lt;p/&amp;gt;  Seller: First States Investors 4200, LLC, represented by Allan B. Rothschild, vice president.
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    <title>Low-frills hotels have advantage in downturn</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1334598.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1334598.html</guid>
    <pubDate>Mon, 16 Nov 2009 01:00 EST</pubDate>
    <description>Six years ago, Robert Finvarb had a spot picked out for his new Courtyard by Marriott in Coconut Grove -- land next to a Burger King, with a view of U.S. 1.</description>
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    <title>Cash crunch shuts Versace hot spot</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1332793.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1332793.html</guid>
    <pubDate>Sat, 14 Nov 2009 01:00 EST</pubDate>
    <description>The former Versace mansion, once the hottest and most exclusive party spot in South Beach, has gone dark in the fallout from the Scott Rothstein scandal.</description>
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<item>
    <title>Mortgage application index falls to lowest level since 2000</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1329494.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1329494.html</guid>
    <pubDate>Thu, 12 Nov 2009 08:07 EST</pubDate>
    <description>Mortgage applications to purchase homes in the United States plunged last week to the lowest level in almost nine years as Americans waited for the outcome of deliberations to extend a government tax credit.
</description>
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<item>
    <title>Dip in S. Fla. foreclosure rate might be temporary</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1329484.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1329484.html</guid>
    <pubDate>Thu, 12 Nov 2009 08:07 EST</pubDate>
    <description>The number of homes mired in the foreclosure process in Miami-Dade County fell by 25 percent in October compared to the same month last year. &amp;lt;p/&amp;gt;   But the decline followed a 96 percent year-over-year increase in September and so may signal little relief.
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    <title>Home sellers keep on cutting prices</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1328802.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1328802.html</guid>
    <pubDate>Thu, 12 Nov 2009 01:00 EST</pubDate>
    <description>U.S. home sellers with properties on the market as of Nov. 1 had slashed asking prices by $28.1 billion as they sought to attract buyers, Trulia Inc. said.
</description>
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<item>
    <title>FHA moves to boost condo market</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1327063.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1327063.html</guid>
    <pubDate>Wed, 11 Nov 2009 01:00 EST</pubDate>
    <description>The Federal Housing Administration is giving the condo market something it hasn&amp;#39;t had for a while -- a little breathing room.&amp;lt;p/&amp;gt;   Last week, the FHA, the federal agency that insures low-down-payment home loans for private lenders, said it was relaxing its building underwriting guidelines as a way of helping the struggling sector ride out the downturn. The move could help boost sales in condos by making more FHA mortgages available to borrowers.
</description>
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<item>
    <title>Florida home buyer program hits snag</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1325753.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1325753.html</guid>
    <pubDate>Tue, 10 Nov 2009 08:37 EST</pubDate>
    <description>The state&amp;#39;s plans to stoke the housing market with down-payment assistance have hit a bureaucratic wall.&amp;lt;p/&amp;gt;   South Florida housing agencies say the money arrived late and demand for the grants from home buyers has been weak.
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<item>
    <title>Federal housing plan has helped only 12% in Florida</title>
    <link>http://www.miamiherald.com/business/real-estate/story/1325720.html</link>
    <guid>http://www.miamiherald.com/business/real-estate/story/1325720.html</guid>
    <pubDate>Tue, 10 Nov 2009 08:12 EST</pubDate>
    <description>The Obama administration&amp;#39;s plan to combat the foreclosure crisis has reached about 20 percent of troubled homeowners in the states most affected by the housing meltdown, according to data being released Tuesday.
</description>
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<item>
    <title>Slightly fewer South Florida homes 'underwater'</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.</description>
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<item>
    <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.
</description>
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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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<item>
    <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>
    <guid>http://www.miamiherald.com/business/real-estate/story/1322565.html</guid>
    <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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