Wednesday, July 29, 2009

A lesson for our time and our sellers?

As Prices Plummet, Condo Sales in Miami Perk Up

Despite a vast oversupply of new condos in downtown Miami, sales have been brisk lately at 1060 Brickell Avenue, a twin-tower development with 570 units in the heart of the upscale Brickell neighborhood. The reason? Prices have been cut in half, to about $200 a square foot.

Posted by gone-to-colombia @ 05:35 PM (761 views)
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