Just 850 new units built after 2003 are still in the hands of their original developers in downtown Miami, according to a new report from brokerage and consultancy Condo Vultures. From January 2012 to December 2012, 800 new units were purchased in the area, totaling $345 million, according to the report, although the pace of new condo purchases has slowed. “Greater Downtown Miami’s new condo oversupply is on pace to sell out by the first [more]![]()
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