Summary
MIAMI Al Fernandez moved from Tampa, Fla., to Miami two years ago, and acquaintances kept telling him to take advantage of the booming housing market before prices became too high.
But he held off until recently, uneasy about a "frenzy" in the market, where prices were rising too quickly. He decided to temporarily rent an apartment until the market cooled and he could research his purchase likely a condo in the $400,000 range.See the full content of this document
Extract
Home Sales in U.S. Near 'High Plateau'
"It was just so crazy, the housing market then. People were saying, 'Get in on this condo because in three months it's going to go up $100,000,' " Fernandez said.
"I've been looking for the last year. I really wanted to take my time. I wanted the ability not to be ...See the full content of this document
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