Miami’s housing market is flooded with aging condos which owners are desperate to sell before strict new regulations come into force later this year, according to a recent report from ISG World. Talking about an “impending crisis,” the report found that older condos dominate the market: nearly 90 percent of active listings in the southeast Florida city are condos that are more than 30 years old, while only 3 percent are less than a decade old. Read the article…………………………….
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