The Wall Street Journal has called an end to the distressed condo market in Miami. In a November article, the newspaper explained that the over 500 foreclosed condo units in the Midtown Miami project were recently sold for around $110 million. During the recession’s dark days, foreclosed condo projects like these had been selling for
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The Brickell area of Miami is a great example of the reinvention of an urban area. Those who have frequented the Miami area for years have known that Miami Beach has always been the primary focus of Miami area development. In the 1970s, the great hotels on Collins Avenue were the main attraction for many
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The Wall Street Journal has called an end to the distressed condo market in Miami. In a November article, the newspaper explained that the over 500 foreclosed condo units in the Midtown Miami project were recently sold for around $110 million. During the recession’s dark days, foreclosed condo projects like these had been selling for
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Even endless sun and sandy beaches couldn’t save Miami real estate from the effects of the housing market downtown. Sales prices of Miami homes have plummeted 46.3% in five years, according to Trulia data. But listing prices have been inching up a little lately, giving some indication that prices won’t continue to drown forever. According
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When one hears the word Miami, often the first thought is “the beach.” Located on a strip of land between the Atlantic Ocean and Biscayne Bay, Miami Beach is a neighbor to trendy South Beach and just a bridge away from Miami. With less than 100 thousand residents, Miami Beach Real Estate is part of
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