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No.1 Fort Lauderdale
Change in Condo Price (2007:Q2-2008:Q2): -30.6%
Median Condo Price: $167,000*
Fort Lauderdale, is suffering from a glut of condos built earlier in the 2000s. "In places like Fort Lauderdale, there is an enormous capacity to build up," says Ed Glaeser, a Harvard University professor who studies the economics of cities.
*All prices as of Q2 2008.
