We have all heard since the market began turning for the worse the glut of unsold condominiums down in the Miami area. After a long rough ride, the Miami Condo market is finally getting back to business. The combination of overbuilding and top of the market prices stalled the market. Now investors are coming back as prices are being dropped to the $200 per square foot level and people feel like they are getting a deal.
Did you notice I did not mention any government programs or incentives in this? I did not think so. Just the combination of the right product at the right price bringing out buyers.
What a surprise.
Thursday, August 20, 2009
THE MIAMI HEAT DIDN'T GET LAMAR ODOM BUT THE CONDO MARKET IS TURNING
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