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South Florida

Riviera Beach strip club heads for foreclosure, Melo scores 12 percent discount in Biscayne bulk buy … and more

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1. Riviera Beach strip club heads for foreclosure [SFBJ]
2. Melo scores 12 percent discount in Biscayne bulk buy [Condo Vultures]
3. HUD director Shalley Jones Horn cleaning up mess of predecessor [Miami Today News]
4. Florida hotel outlook still shaky [Sun Sentinel]
5. Florida on wrong end of recovery [Sun Sentinel]
6. Loan modifications have lasting consequences [Sun Sentinel]
7. New community gardens for North Miami apartment dwellers [Rented Spaces]
8. Waterfront home prices in Miami Beach fall 25 percent year-over-year [South Beach Condo Blog]

9. Commercial real estate could prevent U.S. recovery, RDG top economist says [Bloomberg via Businessweek]
10. Principal reductions make loan modifications much more successful: NY Fed [WSJ]
11. NAR: Home prices have increased 25 percent over the past decade [The Truth About Mortgage]
12. Foreclosures dragging down appraisals in many neighborhoods [AP via USA Today]