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There are so many two-bedroom condos in gated communities with golf courses, private pools and rustic jogging paths that you can pick one up for $25,000, 66 percent off the price five years ago.
A Tale of Two Markets: A 6-Month Update. between the type of inventory of homes for sale and the demand of buyers in the US was causing the formation of two markets. In the starter and trade-up home categories, there were significantly more buyers than there were homes for sale, causing a.
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In the starter and trade-up home categories, there were significantly more buyers than there were homes for sale, causing a seller’s market. In the premium, or luxury, home categories, the opposite was true as there was a surplus of these homes compared to the buyers that were out searching for their dream homes, which created a buyer’s market.
Some popular second-home markets with low inventory, such as South Florida. was up 6.4% to $100,000. The data cover all kinds of homes from condos to single-family. The association’s next annual.
Renting a home in South Florida. markets as foreign buyers and skyrocketing land prices drive developers to build luxury condos and mansions at the expense of workforce housing. And the high cost.