Sarasota condo market
Posted by Mark Washburn on Monday, November 7, 2005 at 11:57 PM
By Mark Washburn / November 7, 2005
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High-end inventory growing
And the condos keep on coming [Herald-Tribune]
There is one planned condo unit for every 19 people in Sarasota. But does that constitute a glut?Interesting question raised by the headline creator at the Herald-Tribune. Certainly those who are looking to flip $1M+ pre-construction condos prior to closing may have a major problem on their hands when it comes time to close. It appears to me that many markets across the country are experiencing a shortage of $1M buyers.
And the condos keep on coming [Herald-Tribune]
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