Today's F@cked Buyer (SW Miami)

While the losses on this unit are not huge, it does show how prices are now dropping below 2004 prices. This particular unit is listed 9% below its 2004 purchase price.

13936 SW 172 TE, Miami, FL 33177

• 3 Bed, 2.5 Bath Townhouse
• Bought in December 2004 for $185,000
• On the MLS for $169,000
• Days on the MLS: 45 Days
• Loss before the Realtor® commission: $16,000
• Loss after the Realtor® commission: $26,140