Fire sales prompt deals in South Florida

April 29, 2008 04:39PM
Miami

From the April issue: The ads scream from the pages of local newspapers: "Original price: $1,002,488. Sale price: $803,358. You save: $199,130." "Deals of a lifetime weekend event: Make us an offer!" It's no secret that new home builders are slashing prices on houses in South Florida. But lately, buyers have been getting off the sidelines, and inventory — in some locations — is starting to move. Just how low are prices going? And how big are the deals that buyers are picking up?  more


Comments

Anonymous

people will be kciking themselves for not getting in now, if you look at property values in the long term the trend in continously upward over the decades

Comment #1 Posted By: Anonymous 04/30/08

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