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Where To Cash In On Real Estate Vide
PostSubject: Where To Cash In On Real Estate   Where To Cash In On Real Estate Icon_minitimeSun Aug 02, 2009 8:50 pm
From coast to coast, unsold condos sit empty. In these 10 spots, deals are likely aplenty.

Across America, tall towers of unsold condos stand like monuments of another age. In many markets, sales activity has virtually stalled, with sellers enduring a sales drought that's lasted longer than a year. That means lots of opportunity for buyers.

That's the case in Lake Tahoe, Calif., home to two of our best places to cash in on the condo market. In Olympic Village, Calif., and Tahoe City, Calif., condos have been sitting on the market for an average of 461 and 413 days, respectively. Also feeling the pain are Fisher Island, Fla., Bal Harbour, Fla., and Key Biscayne, Fla., where buyers have a tremendous opportunity to get a cut-rate condo.

http://www.forbes.com/2009/07/29/condos-sales-luxury-lifestyle-real-estate-condos.html
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