Friday, July 20, 2007

Miami Real Estate

"Miami condo sales fell to 599 in MAy, a drop of 46 percent from a year earlier",, 20 July. "'The market is as close to a depression as Miami has seen in 30 years,' Eichner [a Miami developer] said".

Don't buy Florida real estate until at least 2009. It's got a long way to fall.

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