NBA's Bosh Scores Miami Beach House Deal

Newly signed Miami Heat player Chris Bosh will join other all-stars and celebrities on Miami Beach's North Bay Road after snagging a brand new house for about 25 percent off its list price.

The reason he was able to get the $16-million listing for $12.5 million? Perfect timing. Summertime in Miami, before the hype of the NBA season and Art Basel, also had something to do with it. But ultimately it was developer Glenna Norton's influence, says Lourdes Alatriste of Engel & Voelkers, the agent on the sale.