In Sandy-hit New Jersey, a real estate comeback
News from CBS News:

(CBS News) LONG BEACH ISLAND, N.J. – Comeback is a word a lot of real estate agents are using on the Jersey Shore unexpectedly, but very happily. Even though towns on the mid-Atlantic coast have yet to clean up from superstorm Sandy, that’s not slowing down a certain breed of homebuyer.

Rafi Gardee is house shopping on Long Beach Island, New Jersey. Superstorm Sandy battered the slender barrier island so badly that it was closed off for two weeks. Nearly four months later, the southern end of the island is still suffering.

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But Gardee sees opportunity. “This area’s always maintained its value,” he said. “It’s a great time to buy.”

Home values are up in many areas hit…………… continues on CBS News

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Dallas real estate mogul and political donor Vance Miller dies at 79
News from Dallas Morning News:

Vance C. Miller, a local real estate mogul and prominent political donor, died early Saturday morning after suffering a heart attack.

Miller, 79, was chairman and chief executive officer of Henry S. Miller Co., a real estate business his grandfather launched in 1914.

Miller and his father, Henry S. Miller, Jr., grew the business from a small one-man real estate company to one of the largest commercial and residential businesses in the country.

“They grew the company extremely well and made it very profitable,” said Sam Kartalis, president and chief operating officer of Henry S. Miller Realty Services.

Since 2000, Miller gave about $ 484,000 to Republican candidates seeking state office, including Gov. Rick Perry.

Miller was born in Dallas in 1933. He graduated from Southern Methodist University with a bachelor’s in business administration in 1954. He is survived by his wife of 56 years, Geraldine “Tincy” Miller; sons Vaughn Miller and Greg Miller; daughter Cynthia Vance-Abrams; and eight grandchildren. 

…………… continues on Dallas Morning News
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