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. Chinatown

    Chinatown Road Train Member

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  3. Cat sdp

    Cat sdp . .

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    Are sale prices up,down or stable ?
     
  4. Chinatown

    Chinatown Road Train Member

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    Henderson, NV & Orient
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    The article says prices are dropping by the $10's of Thousands.
     
  5. Concorde

    Concorde Road Train Member

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    West Melbourne Florida
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    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.
     
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