The frenzied residential real estate markets of 2004 and 2005 were driven by an overabundance of investors in the marketplace. From the local hair-dresser to the manager of the grocery store to people around the world, everyone was speculating on Florida real estate. It was viewed as a fail-safe investment that they could see, touch and feel.
Posted on February 1, 2007 | Read time: 1 minute
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