Quote:
Originally Posted by Ross
I looked at condos in Miami about 3 months ago and was finding real nice places for sub $200k. The real estate market crashed down there pretty hard from what I heard. Half million $ places selling for 150-200k. Mortgage on 200k would be around the $700 a month mark with a 20% deposit over 20-25 years I think. Worth looking into if you plan on staying for 3+ years.
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Plenty of good deals still around although the real estate market is finally getting back on it's feet here. This is Florida though, periodically, the market crashes because it is chock full of thieves, pirates and fraudsters. Not unlike porn.