The Real Deal Miami

Marriott CEO says South Florida hotels face worst market he’s ever seen … and more

December 22, 2009 10:16AM

1. Marriott CEO says South Florida hotels face worst market he’s ever seen [Miami Herald]
2. State unemployment rose to 11.5 percent in November [Palm Beach Post]
3. Forbes: Port St. Lucie, Cape Coral and Naples among cities where homes have lost the most home value [Forbed]
4. First look inside new Miami waterfront restaurant Gibraltar [Urban Daddy]
5. Condo outlook still bleak, but a bit better [Miami Herald]
6. Florida Realtors recaps 2009 [FAR]
7. Gulfstream Park makes risky bet on nearby mall for revenue stream [Sun Sentinel]
8. Recovery still a tough path to tread, mortgage consultant says [Miami Herald]
9. Luxury homeowners defaulting at twice the market rate [Seeking Alpha]
10. Unemployment and disappearing government support detract from a recovering housing market [Reuters via CNBC]
11. New homes are being downsized to meet homebuyers’ smaller budgets [Seeking Alpha]