Bargain Hunters Are Out In Miami-Fort Lauderdale

If you click on the link below and look at the chart you will see that Miami-Fort Lauderdale has the 2nd highest supply of homes as of July 2009 but also notice that 45.6% of them have been reduced as of July 31, 2009.  Also, notice that the supply is down from a month earlier.

Bottom line, it’s a good time to buy in South Florida.

http://online.wsj.com/public/resources/documents/info-HOUSING08.html