The $1 billion Brickell City Centre, currently under construction, will house condos, a hotel and a retail and entertainment complex. Condo projects are booming in Miami, financed mostly by foreign buyers. Joe Raedle/Getty Images hide caption

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A "sold" sign outside a home in Pasadena, Calif., in September 2009. New data show fewer such sales that year. David McNew/Getty Images hide caption

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