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Miami's Overbuilt Condo Market May Foreshadow Problems in Other Parts of the Country

South Florida Called a 'Petri Dish' for US Real Estate
About one third of the 90 units at The Crimson condo project in Miami are for sale, according to Condo Vultures Realty.
About one third of the 90 units at The Crimson condo project in Miami are for sale, according to Condo Vultures Realty.
CoStar News
October 31, 2018 | 3:47 P.M.

Price declines loom large in Miami’s saturated condominium market, and analysts say that could be a bellwether of trouble for the rest of the nation.

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