Property Management Miami Florida

Miami builders continue to develop in the biggest glut of condominiums in over thirty years. Mark Zandi of Moody’s Economy.com, The oversupply will inevitably push prices down as much as thirty percent, making it the largest decline since the 70’s and should push Florida’s economy into recession by October 2007.

37 high-rise condos and twenty thousand units are being built in downtown Miami where new sales have fallen fifty percent since May. And there are already over twenty three thousand existing condos for sale in Dade county. This making the entire market difficult for realtors, mortgage brokers and property management Miami Florida. Republicpm

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