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Real estate draws Americans away from stock market
Russell Hassell moves from Manhattan to Miami buying a $178 000 South Beach condo with half payment upfront. He joins a nationwide shift as low rates and falling stock values push buyers toward homes. Despite weak economy and Nasdaq declines, demand remains strong with near record low inventory and rising prices. Karen Myatt notes her Hollywood Florida home now seen as an investment.
MENTIONED IN THIS ARTICLE
South Beach
Manhattan
Hollywood
Fla
Karen Myatt
Davie