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South Florida Real Estate 44 percent off peak values of May 2006
Case-Shiller: Property values up 11 percent in South Florida - Business - MiamiHerald.com: "During the crash in real estate values that began in the spring of 2007 and ran through early 2012, the Case-Shiller index became a barometer of dread for South Florida homeowners. At the depths of the downturn, as measured by the index, property values dropped 51 percent from a peak set in May 2006. The trough came in November 2011. Since then, values have gained some lost ground but remain depressed relative to the boom. Rather than being 51 percent off their peak values, they’re 44 percent off peak values."
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The particular trough emerged inside Nov 2011. Ever since then, beliefs have got obtained several misplaced soil yet continue to be despondent relative to the particular increase. As opposed to getting 1951 pct away from their particular top beliefs, they’re forty four pct away from top beliefs.commercial REO Properties for Sale
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