Comments on: As Prices Drop, Investors Rush Into Downtown Miami Condo Market

By: Iowa City Real Estate

Iowa City Real Estate — Wed, 02 Sep 2009 07:08:19 +0000

Hi Tony,

I am a Realtor from Iowa City. I have information that you should read about the Pros & Cons of buying a Condo vs. Home.

Please let me know if this helps.

Cheers,
Michael Mceleney

By: Tinge

Tinge — Mon, 31 Aug 2009 09:19:07 +0000

don’t be foolish, the condo inventory in south FL is being bought by ” investors” and word is these investors are none other then large “hedge funds” mostly funded by banks holding co!! The same banks that hold the CDO’s are trying to kick start the market by buying to get the numbers looking better and media start talking and get the sheeple back in to by their toxic junk.

As thay say “The early bird gets the worm, But what happens when those worms are toxic ?

By: las vegas foreclosures

las vegas foreclosures — Sun, 30 Aug 2009 06:39:27 +0000

It’s been a couple of years since i was in Miami – South Beach. It’s beautiful down there; if i was in a position to buy right now then i would buy there and here in Vegas.

By: Tony

Tony — Fri, 28 Aug 2009 06:56:46 +0000

Hi,
I am not sure if I should buy a Condo or Home.
Looking for help.

Thank you.

By: Gene Urban

Gene Urban — Fri, 21 Aug 2009 19:00:01 +0000

We’re seeing the same thing in the Phoenix market with both condos and SFHs. Has the change in the Fannie Mae condo loan policy had an effect? We have so many condos where over 15% of the owners are behind on HOA dues making a loan next to impossible. Cash is king once more.

By: Kansas City Real Estate Broker

Kansas City Real Estate Broker — Fri, 21 Aug 2009 11:01:47 +0000

I remember a few years back when investors flocked to the Las Vegas market and bought everything in sight. I hope the buyers in Miami are individuals not Investors. Will this really change the climate of the housing market there or just reduce Inventory temporarily?

By: Brandon

Brandon — Thu, 20 Aug 2009 17:34:57 +0000

How are condo fees fairing in the Miami real estate market?

By: Tom Royce

Tom Royce — Thu, 20 Aug 2009 17:05:22 +0000

Tyler

I know, but for agents the market to firm up is a Godsend.

By: M Realty

M Realty — Thu, 20 Aug 2009 16:29:26 +0000

Darn. I was hoping that the market would stay poor there for a while longer. I would love to have a cheap but oh so awesome condo in FL.

Great vacation home.

-Tyler

By: Gainesville Foreclosures

Gainesville Foreclosures — Thu, 20 Aug 2009 15:01:50 +0000

I was down in Miami beach last weekend and this is true. $200/sqft in Miami won’t buy direct ocean front in Miami, but we saw those prices on some condos at auction in March in Daytona Beach Shores.