Miami Condo Fiasco

So this is the headline this morning: S. Fla. condo, home sales continue drop Here is the summary:
Condominium sales in June compared to the same month a year ago:  dropped more than 50 percent
Number of existing Miami-Dade single-family houses sold in June compared with a year ago:  dropped 47 percent 
Single-family houses and condos [...]

Sorry I haven’t written in a while. My wife had a baby. So anyway, I just read that 469 existing homes were sold in Miami in June. That’s a drop. Statewide, existing home sales dropped for the 4th month in a row.  But while prices dropped 5% in pretty much every area of Florida, home [...]

I have some good news. A good friend of mine told me he would like to go 50/50 on the condo if I have to close. That is welcome news at a time I’m trying to make ends meet. He said even if each of us has to put out a couple of hundred bucks [...]