Has Miami’s Housing Market Hit Bottom?
Monday, June 23rd, 2008Cramer’s Key Points:
- Inventory is drying up & being steadily being absorbed
- Housing starts have been down for over two years
- New construction projects stopped two years ago
- Florida is generally one year ahead of market trends
- Interest Rate cuts have had a positive effect in absorbing excess inventory (at much reduced prices)
Watch Jim Cramer’s Interview Below:






