Real Estate…a National Pandemic?

Barron’s
       
cover
        article “The Big Glut-Trouble in Paradise” didn’t help
        rattled nerves when it outlined that prices and sales have already
        slumped by up to 40% in some areas,
and that second home sales now
        made up 40% of the U.S. market. The article also told how while 10,000
        condominium units were built over the past ten years in Miami-Dade
        County, 50,000 units are currently under construction or soon to
        commence with another 50,000 currently in the planning stages.

http://www.financialsense.com/fsu/editorials/2006/0708.html

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