InvestorsHub Logo

Seminole Red

08/23/09 7:05 PM

#5732 RE: NovoMira #5728

out of 3000 commercial sites here, 2000 are empty...

first time since the 30's the population of FLORIDA has gone down..

wolverine02

08/23/09 7:17 PM

#5733 RE: NovoMira #5728

Well as a recent post says most of the new morgates of homes are 20% down, Commercial real estate 20% down is the norm in good times and bad. Also interest rates are higher and terms are shorter. They are less risk for banks right from the start.