Florida Condos For Sale Still Attracting Droves of Investors

Florida condos for sale continue to drive people to do outrageous things - including (according to the Christian Science Monitor) camp out outside the sales off ice for days to pick up choices properties. Real estate brokers in Coral Gables staked out a sales office for three nights to purchase $3 million worth of Florida condos for sale for clients from all over the country. The clients will likely resell them at a huge profit.

Industry consultants worry that a rising supply of Florida condos for sale could bring the market crashing down however. An estimated five year supply of condominiums will be hitting the market over the next two years.

The future of Florida condos for sale may well rest on how many people continue to choose to move to the state. Currently, some 1000 people move to Florida every day.