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Originally Posted by Kard63
92% in miami in how long? thats crazy.
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actually south florida. this growth has been going on in for the past 18 months and still going strong but i think its going to level off by the fall but its still going to be very very good and will last for sometime. even the least attractive properties have gone up.
my brother in law bought a property a little over a yr ago sold it for twice as much as he paid for last month.
i also think within 3 to 5 yrs your gonna see alot of properties on the market due to people getting into loans/homes/mortages they couldnt afford or actually didnt understand ie baloons and the like. i base this on a few people i know who have been in real estate for yrs.