A Tale of 2 Florida Real Estate Markets - Part 2
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
While the condo market and its speculators take a beating, the single family homes will still do very well in Florida. There is just not enough land left, so low is in, while up is dangerous.
At the same time, there is a lack of inventory of super-luxurious homes, said Irving Padron, CEO of Miami-based SOL Sotheby’s International Realty.
“South Florida has become a hot spot for the ultra rich. We have worked with several buyers willing to make offers of well over $20 million on single-family homes,” he said. “Our concern is that there aren’t enough sellers in that price range.”
Single-family homes in general are always expected to increase in value, thanks to the scarcity of land in the region. via bizjournals.com.
This can be a good thing for people in trouble, but the question is still what is going to be ...
Not only is real estate a bright spot it should be a part of everyone's IRA and 401K account because ...
Okay with the market the way it is......I have found another path for real estate.....you dont become a land lord...you ...
The housing and credit markets are a mess right now. Several major banks that engaged in questionable subprime mortgage lending ...
Also, check out new private contracts that can allow you to guarantee that you will not loose your investment in ...
Brilliant use of promotion. Here it is being used on Reseda Blvd in Northridge, CA at Meridian Place Apartments! Wow ...
It probably is a really good time to buy real estate - monthly payments are about equal to market rents ...
Comment by Harold on 12 January 2006:
This may be true for the ultra luxurious single family homes… but for the houses under 500k there is rampant speculation and buying by speculators and investors…
If you’re into the miami market, follow it at miamiboomorbust.com with me!