{"id":6585,"date":"2010-02-10T16:42:38","date_gmt":"2010-02-10T20:42:38","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=6585"},"modified":"2010-02-10T16:42:38","modified_gmt":"2010-02-10T20:42:38","slug":"half-of-homes-in-south-florida-sell-for-a-loss","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2010\/02\/half-of-homes-in-south-florida-sell-for-a-loss\/","title":{"rendered":"Half of homes in South Florida sell for a loss."},"content":{"rendered":"

Nearly half of South Florida homes sold in December did so at a loss, a 4 percent increase from the previous year and a “disturbing” sign for anyone with a home on the market.<\/p>\n

The data, released this morning by analysts at Zillow.com, evalu\"\"<\/a>ated sales by region, county and ZIP code \u2014 a measure that showed 53 percent of West Palm Beach homes sold at a loss in December, while 68 percent of Port St. Lucie homes were purchased at prices lower than the previous sale.<\/p>\n

. . .<\/p>\n

Ken Johnson<\/strong>, a Florida International University professor and real estate economist, said the statistics don’t surprise him. They reflect how inflated prices had become during the boom, he said.<\/p>\n

Read: \u201cHalf of homes in South Florida sell for a loss<\/a> ,\u201c an article from the PalmBeachPost.com.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nearly half of South Florida homes sold in December did so at a loss, a 4 percent increase from the previous year and a “disturbing” sign for anyone with a home on the market. The data, released this morning by analysts at Zillow.com, evaluated sales by region, county and ZIP code \u2014 a measure that […]<\/p>\n","protected":false},"author":66,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[9],"tags":[619,2836,1839],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/6585"}],"collection":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/comments?post=6585"}],"version-history":[{"count":0,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/6585\/revisions"}],"wp:attachment":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media?parent=6585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/categories?post=6585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/tags?post=6585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}