As Fla. Real Estate Evolves, Strong Contracts Lower Risks
Law360, New York (May 11, 2016, 2:40 PM EDT) -- Recent predictions about another “condo bust” in the South Florida real estate market have led many would-be investors to look elsewhere to purchase property. There is general consensus that South Florida’s residential real estate market has peaked. However, there is disagreement concerning the extent to which this cycle will resemble — if at all — the housing collapse that crippled the region in 2008.
While many developers and investors will take conservative measures to ride out the next wave, a segment of potential buyers will aggressively pursue investment opportunities as prices start to bottom out, developer incentives increase to move inventory...
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