The Rebirth of the Miami Luxury MarketDecember 15, 2011
Recent realtor reports have pointed to our area experiencing the largest boom of real estate activity—specifically in the luxury market—of the past five years, which trends towards a healthy Miami real estate market in 2012 and beyond. It is clear that waterfront properties are selling and buyers, both foreign and domestic alike, are willing to pay a premium for them. Opportunities are plentiful, and buying is on the rise, a bright sign of hope in a market that has weathered some serious blows over the course of the past decade. While the adage, “location, location, location”, is always applicable, numerous reports remain clear that the Miami luxury home market, whether waterfront or not, is gaining momentum, and that the 2012 year promises a sunny future for buyers, sellers and REALTORS® in Miami!
For constant updates and news about the luxury Miami real estate market ‘Like’ our Facebook page or follow us on Twitter. Do you have an iPhone? Download our free iPhone app today, and get access to the entire greater Miami MLS right from your phone.