Realtor: Miami's Housing Slump Is WorseningIn the first of a three-part discussion with real-estate agents across the country, John Paul Rosser, a condo specialist in Miami, says the housing market was bad in September, but it has gotten a lot worse since then.
The real estate market around Miami is one of many areas where housing prices have plummeted. Realtor John Paul Rosser, who has sold property there for decades, makes money by selling plots of land to condo developers. But even he doesn't understand why some builders are still in the Miami market. Rosser speaks with Steve Inskeep.