The Real Deal Miami

Seller’s remorse in South Florida

September 26, 2008 04:36PM

South Florida’s sluggish
housing market is causing widespread “seller’s remorse.” One real
estate broker
said many homeowners are thinking back to offers they rejected months
ago and are wishing they could get them back. As property values fall, some homeowners
are selling their residences for 30 to
40 percent less than their original asking price.