apartment prices

Investors normally are an optimistic sort, but not when it comes to apartment prices. They have been falling for five years now. OK some say they will hit bottom next year. This would be wonderful, but that is not what we see. For one the fear is of a double dip recession. All along the coast of miami beach sit half finished condos row on row. Apartment buildings lack renters and this is bankrupting owners. There is a massive glut of vacancies. Sadly, many apartments sit empty due to our severe economic recession.