Hungry for Watersound Homes, Buyers Get Edged Out

Here is a small article I saw recently from the Miami Herald and I think you can make the same argument for Watercolor Homes and Condos For Sale, and Watersound Homes and Condos For Sale and Seaside Homes For Sale

Hungry for Homes, Buyers Get Edged Out

As South Florida’s home sales have continued to outpace national trends, distressed properties are still dominating the market, with more than half of all homes and condos sold last month at some stage in the foreclosure process. And cash-happy investors have been scooping up these bargain basement deals at a fast clip, often before middle-income buyers can get financing. [Source: Miami Herald]

To stay on top of what other investors are watching:  Foreclosures and Short Sales

About John Moran

John Skinner specializes in luxury beach front condos in Panama City Beach. For more information please contact him at 850.267.2671 or email at johnskinner@atthebeachteam.com

Speak Your Mind

*