Homes for sale in Miami, prices continue falling
In December, nearly half of the homes for sale in Miami sold at a loss, a 4% increase from the previous year and a troubling sign for anyone with a Miami real estate property on the market. Zillow.com released data on Wednesday by, evaluated sales by region, county and ZIP code.
The data also measured negative equity in home loans by region. About 41% of South Florida borrowers owed more on their mortgages than what their Miami real estate property was worth, at the end of December. Making it a small improvement over the 46% seen earlier in the fall.
Full Article...Homes for sale in Miami, Miami real estate
1 comment:
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