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The Fairy Tale Of A South Florida Home Buyer

When it comes to real estate in South Florida, we can’t pretend it’s anything other than a seller’s market right now.

Prices are climbing and inventory is tight.

If you’re looking for a home or a condo, you’re competing against plenty of buyers who can pay full price and more, in cash.

Miami Herald Business reporter Karen Burkett tracks a South Florida woman who has been trying to become a first time homeowner for two years.

Market forces compelled Ashley Arends to face the reality of property and neighborhoods that was possible.

Karen Rundlet worked as television news producer for a long, long time in cities like Atlanta, New York, and Miami. Not once during that period did she ever say words like "action" or "cut." Seven years ago, she joined The Miami Herald's newsroom as a Multimedia Manager. She built the company a Video Studio, where sports segments, celebrity reports, and interviews with heads of state have been shot and produced. In 2010, she also began producing a business segment for WLRN/Miami Herald News radio and writing business articles for www.MiamiHerald.com. Karen calls herself "a Miami girl with Jamaican roots," (practically a native) having lived in the city long enough to remember when no one went to South Beach. She spends her weekends with an Arsenal Football loving husband and a young daughter who avoids skirts that aren't "twirly enough."
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