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Originally Posted by jigg
our realtor said they expect about 160,000 condos on the market from Ft Lauderdale to Miami most which are owned by investors. They can't rent them out and some are starting to just ditch them
Then around West Palm the new houses being built can't be sold, my boyfriend's brother said they saw homes that go vor $320,000+ reduced to $275,000
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Usually they would take the property off the market and wait for prices to pop back up.