Banks Denying Approval on Most Miami Condo Mortgages [View article]
Wilber Ross analysed the Miami condo market and found it overbuilt. Available condos for sale 20K, ready for sale in 2yrs 20K, yearly demand 5K. Conclusion it will take 8 - 10 years to clear current and imminent supply.
Banks Denying Approval on Most Miami Condo Mortgages [View article]