Originally Posted by RawAlex

Different markets are going different ways as well. Some places like Miami are a little over built right now, with too many pricey hi rises and such and not enough of what people want or can afford.

Remember that the values (and sale prices) of existing homes has gone through the roof in the last 10 years in Florida as well, and that has profoundly changed the market.

There are other markets in the US that are hot again, but the south seems to be in a slowdown.

Alex