Thursday, July 30, 2009

Investors buying condos in bulk in South Florida | HeraldTribune.com | Sarasota Florida | Southwest Florida's Information Leader

Investors buying condos in bulk in South Florida | HeraldTribune.com | Sarasota Florida | Southwest Florida's Information Leader: "Big-time cash investors are snapping up South Florida condo units in bulk. There have been at least seven purchases of 10 or more condos this year, including four since June, according to county records. Investors are reselling the units or renting them until the market recovers"
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Fred Pilot sent this story of life in what amounts to the real estate fast lane these days.

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