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Florida: 20,293 condos listed for sale in Palm Beach, Broward and Miami-Dade

Discussion in 'Other News' started by Chinatown, Oct 13, 2024.

  1. Oct 13, 2024 #1
    Chinatown

    Chinatown Road Train Member

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    Henderson, NV & Orient
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    Chinatown, Oct 13, 2024
    Chinatown, Oct 13, 2024
    #1
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  3. Oct 14, 2024 #2
    Cat sdp

    Cat sdp . .

    20,978
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    Orion's Belt
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    Are sale prices up,down or stable ?
     
    Cat sdp, Oct 14, 2024
    Cat sdp, Oct 14, 2024
    #2
  4. Oct 14, 2024 #3
    Chinatown

    Chinatown Road Train Member

    74,914
    170,749
    Aug 28, 2011
    Henderson, NV & Orient
    0
    The article says prices are dropping by the $10's of Thousands.
     
    Chinatown, Oct 14, 2024
    Chinatown, Oct 14, 2024
    #3
  5. Oct 14, 2024 #4
    Concorde

    Concorde Road Train Member

    4,715
    16,852
    Jun 29, 2016
    West Melbourne Florida
    0
    They are still elevated. Keep in mind that most of the condos in that area were vacant back when the real estate market collapsed in 08-10.

    These condos were sold back then dirt cheap and now reality is kicking in. It’s not just condo owners feeling the pinch. Insurance rates in Florida have skyrocketed and people are trying to cash out and move out of state.

    Keep in mind that the area in question has a population of over 6 million..so the amount of condos for sale isn’t really a sky falling moment.
     
    Concorde, Oct 14, 2024
    Concorde, Oct 14, 2024
    #4
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