Condo market runs aground for investors, but core buyers remain

The frenzy fizzles
Condo market runs aground for investors, but core buyers remain
By Steve Kerch, MarketWatch Feb 8, 2007 Click on the above “Condo Market” for full story”

ORLANDO, Fla. (MarketWatch) — Condominium sales have stalled as investors flee the market and developers who jumped into the sector during the boom of the last three years are turning their attention back to rental apartments, where demand is expected to pick up, condo and apartment builders said Thursday at the International Builders show here.

Leave a Reply

Your email address will not be published. Required fields are marked *