Affluent Buyers Reviving Market for Miami Homes

July 26, 2011
Affluent Buyers Reviving Market for Miami Homes
By DAVID STREITFELD, The New York Times FRONT PAGE STORY
MIAMI — South Florida is the default capital of the country. Here in Miami-Dade County, one out of five households with mortgages is in foreclosure. Nearby Broward and Palm Beach counties are not far behind. Nearly 200,000 South Florida families are stuck in the mire of default.

And yet much of Miami is gripped by a housing mania as the oversupply of distressed homes dries up and foreigners and investors swoon. Only a few years after it seemed there were so many unwanted high-rise condominiums that the only solution was to tear some of them down, there are plans to build even more.

Click here to read more about the Miami market.

Favorite Restaurants near Portland: La Provence

did breakfast here Sunday, July 24, 2011

WONDERFUL!! food and service. We got there early on purpose (there were 25 of us!). La Provence~~~15964 SW Boones Ferry Rd. Lake Oswego, OR. 97035~~~

Click here to read more about this fabulous eatery.