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Old 07-26-2006, 07:51 AM  
Forest
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Join Date: Aug 2001
Location: Hollywood Fl.
Posts: 9,011
S. Florida house market takes a plunge!

http://www.sun-sentinel.com/news/loc...home-headlines

"The market's done a complete 180-degree reversal," said Jack McCabe, a Deerfield Beach housing consultant. "It's a stare-down between buyers and sellers, and as time passes, the pressure's on the seller, not the buyer."

Sales fell by 34 percent last month compared with June 2005, the Florida Association of Realtors said Tuesday. It was the 24th consecutive month of declining sales in Broward.


Glad I didnt buy last december when I was looking. Looks like some decent deals are comming on the market in the next 6-12 months
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