News
Miami Home Prices Increase for a Fourth Straight Month
www.bloomberg.com
[Bloomberg] - “The inventory has dropped dramatically, and many buyers realize this may be the bottom,” Peter Zalewski, principal at Bal Harbour, Florida-based Condo Vultures LLC, said in a telephone interview yesterday. “Most of the smart money got in around 2009
South Florida foreclosure actions up 51% in first quarter
www.bizjournals.com
[South Florida Business Journal] - “The banks don't want to depress prices further," Condo Vultures principal Peter Zalewski said. Default notices, the first step in the repossession process, grew to in this year's first quarter from in the period.
Experts wary of new condo boom
articles.sun-sentinel.com
[Sun-Sentinel] - "Developers are rushing to market with plans for more than two dozen new condo towers with nearly units and counting in South Florida," said Peter Zalewski, a principal with the real estate consultant company Condo Vultures LLC, which recently
Peter Zalewski: South Florida condo prices still 15 percent off peak...
www.miamiherald.com
Despite a run-up in condo and townhouse resale activity in the past three years, the average price for a South Florida unit east of Interstate 95 is selling...
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