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Money and Markets: Investing Insights

S. Fla. housing slump continues; inventory expected to grow

By Paul Owers | Sun-Sentinel.com

6:28 PM EDT, September 25, 2007

Like many South Floridians, Sheridan Lydon is frustrated by the pillow-soft housing market. She has houses in Boca Raton and Pompano Beach but can’t sell either and now is asking less than she paid for each.

"Isn’t that lovely?" Lydon, 43, said. "And I’m not even the worst one. There are a lot worse off than me." She and other sellers are trying to weather a long housing hangover that showed no improvement in August, according to figures released Tuesday

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