Are these Miami-Dade condo buildings underperforming?
Miami’s skyline — dotted with sleek towers and older mid-rise buildings from Sunny Isles Beach to downtown Miami — reflects the variation found in the current condo market. Not all buildings are created equal. Some command record-breaking prices and quick sales, while others see slower activity or greater price adjustments, as buyers weigh location, design and amenities. A report from Douglas Elliman agent David Siddons identified some of the buildings deemed to be the “worst-performing” based on trends tied to price per square foot, days on the market, discounts between the asking price and the sale price, issues with their […]This article originally appeared on The Real Deal. Click here to read the full story.
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