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Foreclosed condos top sales lists

posted Jun 6, 2009, 1:02 PM by Jayson Wingfield   [ updated Jun 6, 2009, 1:03 PM ]

 

They're still at the top of the list, but now it's a positive statistic: bargain basement prices set by the banks that foreclosed on them meant seven of the top 10 most foreclosure-ridden complexes last year ranked among the 10 top-selling projects in the first three months of 2009. Miami-based market research firm CondoReports.com compiled the data, which listed the three top sellers as Shoma at Keys Cove in Homestead, ranked first with 50 sales; Mandarin Lakes near South Miami Heights, with 32 sales; and Bluewaters subdivision in the Country Walk area, also with 32 sales.

[Miami Herald]

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