April 24, 2014

Who Said That?

Florida's quote of the day

| 4/22/2013

"What's more important? The gym or buying a house? You're going to be homeless."

-- Jon Klein, a real estate agent in Broward and Palm Beach counties,

South Florida's housing recovery is sneaking up on some sellers.

Their homes are flying off the market in days or weeks, and the severe shortage of inventory is keeping them from quickly finding a new place.

Once they sign a contract, sellers typically have only 45 to 60 days until closing -- not nearly enough time to turn around and buy in a blistering market.

Read more at the South Florida Sun-Sentinel.

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