Quote:
Originally Posted by Susan1717
Homes sales are slowing everywhere. We also have a beach condo on the water in southern florida. Been looking to upgrade that one to a larger condo and see many desirable ones on the market for over 100 days! That’s unheard of. Updated waterfront property used to sell within days or weeks. I’m thinking it is the poor economy, high inflation, and high interest rates.
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Forgot to include high and/or unpredictable insurance rates, especially near the coast. Also since the building collapse in the Miami area a lot of people do not want the hassles that condo living entails.