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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: hdl who wrote (305196)4/12/2011 8:50:53 PM
From: SouthFloridaGuyRead Replies (1) | Respond to of 306849
 
More than 50% off for all the things you mention in prime areas of Miami: unlikely.

Don't know your price range, I assume you're a 7 figure buyer, but you have a lot of Latin American competition who look at the prices in Miami vs. Rio and laugh.

You can get 80% off in the ghetto or you can get 20-25% off peak in the prime buildings. And the lack of good inventory in Miami is shocking.

Better off in Boca or Palm Beach. Don't know those markets so well. But doubt 50% off the peak. That was 2009, not today.

Best, SFL



To: hdl who wrote (305196)4/12/2011 8:53:30 PM
From: ObliviousRead Replies (2) | Respond to of 306849
 
Come to Naples through Sarasota. Fort Myers has great deals also.