Investors bought almost one in every seven homes across 40 major metropolitan areas last year. The institutions’ share of American home purchases reached its highest level in at least two decades. CLICK ON THE HEADLINE FOR MORE
This latest condominium boom will be different than prior building cycles.
“When we get those people from New York and they say, ‘You are kidding me! Four-thousand square-feet for $2 million? I could get half the square feet for the same price,’” said realtor Roger Lohse in an interview with CBS Miami.
Just like any industry, there are certain deals you’ll probably want to avoid when deciding how to spend your time and money. Real estate scams can be financially devastating, but there are ways to identify red flags that can alert you of fraud before it’s too late. CLICK ON THE HEADLINE FOR MORE
A number of local developers discussed a growing trend around the city for builders to turn their cheeks to the condo market. CLICK ON THE HEADLINE FOR MORE
