The Real Deal Miami

Everglades land deal delayed, more homeowners underwater … and more

May 06, 2009 06:25PM

1. Everglades land deal delayed by six months [Sun-Sentinel]
2. Palm Beach County housing inventory fell in April [Palm Beach Post]
3. International piano bar opening first U.S. location in Miami [Miami Herald]
4. Condo buyers fight for return of deposits at Related Group condos [GlobeSt]
5. City of Oz development proposed for Sunrise [Broward-Palm Beach New Times]
6. Drug Enforcement Administration opens Broward office [Sun-Sentinel]
7. More American homeowners underwater on mortgages, Zillow data says [SFBJ] and [Palm Beach Post]
8. Developers of low-income housing facing financing troubles [NYT]
9. Mortgage applications and rates up [SFBJ] and [The Truth about Mortgage.com]
10. More homes for sale get multiple offers [USA Today]
11. HUD Secretary Shaun Donovan speaks before Urban Land Institute [Switchboard]
12. Federal Reserve says more banks are making it difficult to obtain home loans [AP via Houston Chronicle]
13. Investors should buy stocks, real estate, Shiller says [Bloomberg]
14. Home builders Pulte and Centex do better in first quarter [WSJ]
15. Luxury buyers falling victim to foreclosure, too [Bloomberg via Houston Chronicle]
16. Sellers should lower their prices [BusinessWeek]
17. AIG retail lending unit will close branches, cut jobs [The Truth about Mortgage.com]