Real Estates Black Hole Miami Condos 2008 To 2010

Discussion in 'Economics' started by the gardner, Aug 26, 2007.

  1. Once you get a little offshore anywhere along our coasts, there's no real difference time wise to run into Boston, or NYC, or Philly for instance. Not a real big difference in the bearings either - that's what always freaks me about hurricanes when they start spooling up way out in the Indies - not many degrees separates the Yucatan hit from the US hit.
     
    #101     Sep 13, 2007
  2. ElCubano

    ElCubano

    #102     Sep 13, 2007
  3. ElCubano

    ElCubano


    the manhunt is over, midnight last night...the kid left earth in a blaze; orders were shoot to kill...
     
    #103     Sep 14, 2007
  4. Rumor is the shooter is the lead underwriter for Countrywide's new credit lines.
     
    #104     Sep 14, 2007
  5. BigGun

    BigGun

    #105     Sep 16, 2007
  6. No shit sherlock, you should come to miami and see the huge glut of towers and cranes in areas that have no reason to have condos to begin with. And at prices that would indicate they were 5th avenue locations. After 6:00PM there is no where to go outside those condos.
     
    #106     Sep 17, 2007
  7. except that MARY BRICKELL VILLAGE .....pretty nice

    or the 4 seasons hotel

    or the mandrin oriental hotel....etc not bad
     
    #107     Sep 28, 2007
  8. now it looks as if miami will not hit a btm untill mid 2011

    cme contract prices show that traders expect prices in the miami metro area in november 2011 to be down 28 percent from the mid 2007 level

    g
     
    #108     Oct 5, 2007
  9. presently their are 58 months supply of condos on the mkt in miami
     
    #109     Nov 7, 2007
  10. the problem is that it is virtually impossible to obtain homeowners insurance anywhere in South Florida and it is a serious deterrent right now.

    Oil/Metals/Grains going higher, dollar weaker and real estate lower is one of the most serious signs of recession.
     
    #110     Nov 7, 2007