Today's F@cked Buyer (Homestead)

According to the Florida Association of Realtors®, Miami-Dade home prices are up 1% since last year. According to this home (and all the other daily F@cked Buyer posts), the prices are down significantly. This one is listed 36% below its purchase price 18 months ago.

1499 YELLOWTHROAT ST # 1499, Homestead, FL 33035

• 3 Bed, 2 Bath Townhouse
• Bought in May 2006 for $186,000
• On the MLS for $119,900
• Days on the Market: 52
• Loss before the Realtor® commission: $66,100
• Loss after the Realtor® commission: $73,294