The Real Deal Miami

Florida resale inventory up 1,600 residences in 30 days

June 29, 2010 12:00PM

Condo Vultures founder Peter Zalewski

The total number of residences, including houses, townhouses and condo
units for resale in South Florida jumped by 1,600 residences in the last
30 days, including 500 in the last week, according to a new report from
Condo Vultures. As of June 28, the number of residences for resale was
65,220, 2.5 percent more than in May. “This is the fourth consecutive
week that the number of residences on the resale market has increased in
South Florida,” said Peter Zalewski, principal with the Bal
Harbour-based firm. TRD