Overbuilding Putting Miami Condos into Repo House Listings | Repo …
July 30, 2009 by admin · Leave a Comment
The oversupply of condos in Miami has caused a lot of unsold condo units, leaving condo developers with no funds to pay their construction loans. Several developers have been working out friendly foreclosures with lenders.
Filed under Today’s Home Buying · Tagged with been-working, construction, friendly-foreclosures, leaving-condo, unsold-condo
