Comparing Distressed and Regular Sales in Downtown Coral Gables
One of my buyers who is looking at newer condos around downtown Coral Gables asked about the possible deals he could find by looking at only short sales and foreclosures. Looking at the recent activity of condos priced no higher


In Defense of Home Ownership – Great Article from The New York Times
It’s hard to read the headlines and not conclude that becoming a homeowner is a terrible idea.
More from NYTimes.com:
• Technology Aside, Most People Still Decline to Be Located
• 2 New Federal Programs to Help Borrowers Pay Their Mortgages
• Does the Recovery Depend on Housing?
Last week, the National Association of Realtors announced that existing-home sales in July had fallen an astounding 25.5 percent from the previous year. Sure, there was a federal tax credit in place last summer. But with single-family home sales at their lowest level since 1995 and unemployment still stubbornly high, home prices may fall further.