Home › Forums › Housing › Karl Case sees normalcy in housing market › Seems to me that most major
Seems to me that most major cities have built a glut of high-rise condos
These condos are still being built – will there be buyers for them?
Perhaps we should say ‘normal markets’ as long as you aren’t on either coast or talking about condos
http://realestate.msn.com/buying/articlenewhome.aspx?cp-documentid=386136 The great American condo glut The number of available condos is at an all-time high — and there aren’t enough buyers to snatch them up. …
http://seekingalpha.com/article/49594-every-reason-to-panic-over-portland-condo-glut Every Reason to Panic over Portland Condo Glut The city has a condo glut, and thousands more are rising out of the ground. In the past six years, developers built 4042 downtown condos, …
http://blog.lucidrealty.com/2008/05/18/the-chicago-condo-glut/ The Chicago Condo Glut In the South Loop area alone the MLS currently has 1,116 condominiums on the market, 390 of which are over $500,000 with $400+/month assessments plus taxes.