If you think the
real estate market is bad in your area, you could be living in Florida, where twenty five percent of home mortgages are
past due or in foreclosure, no thanks to the recession and high unemployment. This makes Florida the worst in the nation in terms of delinquencies.
I'm from Sydney, Australia where we have been lucky with our Property Markets - however, i think there is serious concern for the Dubai Property Market.. I have covered this story in my new blog..
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its not that bad here but i know florida is one of the place to go :)
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