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South Florida housing sales, inventory drop slightly
Residential inventory in South Florida slipped to 32,872 from 32,995 active listings for the week ending April 8, 2013. During the same period, pending sales decreased slightly, to 24,028 from 24,413....
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Donald Trump decries claims in commission case with clothing company
Donald Trump and his clothing collection From the New York site: The uniquely coiffed real estate mogul Donald Trump had barely a hair out of place as he testified in court today, explaining that ALM...
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TRD’s publisher reminisces on a decade covering real estate
Amir Korangy From the April issue: “Newspapers should have no friends,” publisher Joseph Pulitzer once said. That’s what I’ve learned in my 10 years since founding The Real Deal. Sure, I’ve formed a...
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Today’s priciest listing
633 North Ocean Boulevard Today’s priciest new listing is a five-bedroom, five-bathroom, 4,744-square-foot single-family home that is asking $9.995 million, according to Condo Vultures. The waterfront...
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Top stories
Top stories yesterday on The Real Deal: 1. Rapper Lil’ Wayne’s $14M La Gorce Island home could be seized 2. Matt Damon lists Miami Beach compound for $20M 3. Property Markets Group preparing to market...
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Fontainebleau owners claim jailed official cost them convention center bid
From left: the Miami Convention Center and the Fontainebleau hotel The owners of the Fontainebleau hotel claim a now-jailed city official cost them a $1 billion contract to redevelop the Miami Beach...
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South Florida repos hit ignominious milestone
Lenders have repossessed or used banks to force the foreclosure sales of more than 200,000 units in South Florida since the 2007 crash, real estate consultancy Condo Vultures said in a report released...
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Homebuilder confidence continues to stumble
Home builder confidence tumbles Builders of single-family homes are feeling less confidence these days as they deal with rising material costs and a shrinking number of developed lots, CNBC reported. A...
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Jupiter Farms residents vow to fight development
6133 Jupiter Farms Road The 153 acres at 6133 Jupiter Farms Road has been many things — a film studio, a hideout for gangsters. And for the last ten years, Jupiter Farms residents have tried to turn...
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Royal Palm Beach will pay for irrigation system move
The village of Royal Palm Beach The village of Royal Palm Beach has hammered out the concrete details, as it were, with the Saratoga at Royal Palm Property Owners Association. The company and the...
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Ethics commission investigating Homestead Housing Authority hire
From left: David Berrones and Steven Bateman The Florida Commission on Ethics has found probable cause to believe that Homestead Housing Authority chairman David Berrones had a conflict of interest...
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Florida Bar divided on legislation that would expedite foreclosure process
Members of the Florida Bar Association are deeply divided on the topic of a new bill in the Florida legislature designed to speed up the state’s slow-moving foreclosure process, the Palm Beach Post...
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Today’s priciest listing
919 92nd Street Today’s priciest new listing is a three-bedroom, three-bathroom, 4,200-square-foot single-family home asking $2.75 million, according to Condo Vultures. The waterfront house is located...
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Top stories
Top stories yesterday on The Real Deal: 1. Fontainebleau owners claim jailed official cost them convention center bid 2. Property Markets Group preparing to market hulking Miami condo project 3. Matt...
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Downtown Miami church denied historic status
St. Jude’s A Miami church dwarfed by high-rise condominium towers has been denied historic status by the city’s preservation board, the Miami Herald reported. City officials had sought the special...
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Mayor of Venezuelan enclave in South Florida expects swell following elections
Doral Mayor Luigi Boria The western Miami suburb of Doral, a Venezuelan enclave, expects a surge of new residents from the South American country after this week’s disputed presidential elections in...
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Century-old floating Palm Beach house may soon have a home
The Palm Beach home that has been located on a barge The seafaring days of a yellow cottage that was the home of a prominent early 20th-century Palm Beach engineer could soon be over, the Sun Sentinel...
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U.S. hedge funds eye Florida, as they buy up distressed single-family homes
Warren Buffett Hedge funds are snapping up discounted single-family homes in South Florida to feed a growing appetite for rental properties, the Palm Beach Post reported. A comment by Berkshire...
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South Florida housing inventory drops, as sales inch up slightly
Residential inventory in South Florida slipped to 32,697 from 32,872 active listings for the week ending April 15, 2013. During the same period, pending sales increased slightly, to 24,199 from...
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Witkoff Group buys South Beach hotel for $25M
Former Wyndham Garden Hotel Miami South Beach New York real estate developer the Witkoff Group purchased the former Wyndham Garden Hotel Miami South Beach from the Majestic Organization for $25.5...
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