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Special Report
Miami-Dade: How Bad Is It?
Gross Sales (Jan.-June ‘08 vs. Jan.-June ‘07)
School Enrollment Change
Unemployment
Existing Home Sales
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REAL ESTATE “The velocity of what’s going on in terms of absorption has slowed down substantially. ... Credit is how our customers expand and move, and the credit markets are in very bad shape. Until that eases up, I don’t think that we’re going to see the same levels of velocity that we saw in the past. ... Typically, people manage to a yield, and right now we’re in a ‘managing to occupancy’ mode. If I were to characterize next year, it’s a very cautious year for us from a development pipeline standpoint.” — Jose M. Hevia, |
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