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Hungry for Seaside Homes, Buyers Get Edged Out

July 23, 2010 By 2 Comments

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]

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