Politics in the Zeros. The politics of progress; cleantech, the economy. anti-war

Posts Tagged ‘Miami condos’

Banks deny most Miami condo mortgages

Miami is ground zero for the condo market collapse. “Investors” snapped up overpriced condos as developers continued to build way too many more. Now it’s all come crashing down and some banks are now refusing to fund any condo mortgages in Miami.
A buyer can still get a private mortgage. But it’ll be at double the [...]