South Florida's Condo Market Is Thriving

Aug 28, 2013

08/28/13 - Wednesday's Topical Currents examines the status of the South Florida housing market and mortgage rates.  After the meltdown of 2008, banks say they’re issuing loans to only experienced and well-capitalized developers.  The South Florida condo market is thriving, and residential properties have increased in value.  Most property sells for close to asking prices. Guests in the studio include: Anthony Burns, from Marina Palms Yacht Club and ResidencesGary Fitzgerald, VP of real estate lending, City National Bank of Florida; and Lynda Fernandez, Miami Association of Realtors.  That’s Topical Currents Wednesday at 1pm.