Investors reselling condo units bought during housing collapse

Bulk buyers have resold more than 60 percent of the coastal condominiums snapped up during the housing bust, according to a recent report. The investment groups have unloaded roughly 3,200 of the 5,100 units that were in or near foreclosure, said CondoVultures.com, a Bal Harbour-based real estate consulting firm. Many of the bulk sales occurred […]