The Weekly Dirt: Condo sellers far outnumber buyers in Florida’s top metros
The gap between condo sellers and buyers in Miami is huge. A Redfin report found that in August, Miami had nearly 11,500 condo listings and just 3,270 buyers — 250 percent more sellers than purchasers. Miami was No. 2 on Redfin’s report. The biggest gap on a percentage basis was in San Antonio, Texas, where condo sellers outnumbered buyers 585 to 120 — by 386 percent. Other cities in Texas and Florida were among the five metros with the largest gaps, according to the report, which looked at the 50 most populous metros in the U.S. Tampa, ranked third, with […]This article originally appeared on The Real Deal. Click here to read the full story.
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