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Strategies of the Condo Vultures®

Florida

Chroniclizing the downturn of condominium market from a buyer's perspective.

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Strategies of the Condo Vultures®

Residential Resales Drop -19% in Miami, -4% in South Florida

Jan. 28, 2009
For the year, resales fell by -19 percent in Miami, -4 percent in South Florida, and -6 percent throughout the state of Florida.

South Florida Resale Inventory Poised To Drop Below 100,000 Homes

Jan. 26, 2009
The number of single-family houses, condominiums, and townhouses on the resale market in South Florida could drop below 100,000 residences for the first time in recent memory, according to a new report from Condo Vultures® LLC.

South Florida Houses, Not Condos, Offer Deepest Discounts

Dec. 22, 2008
Single-family houses in coastal South Florida have dropped more in asking price than condominiums and townhouses through the first 11 months of the year, according to the new Vultures Database™ Report for November from Condo Vultures® LLC.

South Florida Residential Inventory Drops Below 106,000 Properties

Dec. 8, 2008
For the second week in a row, the number of available residential properties in South Florida has dropped by several hundred units as the number of new pending sales has increased by a smaller amount, according to a new report by Condo Vultures® LLC.

South Florida Residential Inventory Drops, Pending Sales Rise

Dec. 1, 2008
South Florida’s number of active residential listings decreased by -1 percent on a week-over-week basis to 106,420 condos, townhouses, and single-family houses, while the number of pending sales increased 1 percent to 9,393 properties on Dec. 1, according to a new report from Condo Vultures® Realty LLC.