South Florida home sales declined throughout 2016, especially in the condo market, according to the Florida Realtors. The final tally of existing homes sales summed up a disappointing year for volume and a slowdown in price appreciation for condos. A decline in cash deals from international investors and a smaller inventor of distressed homes both contributed to fewer closings. The tri-county region had 47,835 single-family home sales in 2016, a 2.2 percent decline from 2015. The median sales price…from DIYS http://ift.tt/2k8mKRh
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