Thursday, December 28, 2006

Florida's overbuilt condo market starts to fizzle
Like I said, I am holding off on pronouncing the housing bust over.

Developers have pulled the plug on some of Miami's most anticipated condominium developments, a sign the city's sizzling, speculator-driven condo market -- where prices of many apartments doubled or tripled in a few brief years -- has finally chilled.

No comments: