Is Sanibel Island real estate overpriced if condo inventory is up by 200% and asking prices remain unchanged?
Public Comments
- Oh, those prices will change, once people tire of paying mortgages on investment properties that are not making them any bux. Yes, I do think there's some overpricing in that market if those are the particulars. 200% inventory? Wow! Seems they have created a buyers market.
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