Thinking of moving to bay area...
07-26-2005, 10:29 PM
#51
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Originally Posted by mav,Jul 26 2005, 02:03 PM
In Miami, home of the condo explosion, I really do think we are on the verge of a 25% pricing correction in the next year or two at the very least.
07-27-2005, 02:10 AM
#52
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The demand is strong because unlike the real estate market, the rental market have yet to raise substantially. Here you can rent out a nice 3/2.5/1 car garage townhouse for about $1300/month where as buying it would cost you $350K.
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