Single family and condominium sales in Miami jumped 49 percent in the
second quarter, with a total of 6,768 sales, according to the Miami
Association of Realtors. “Miami sales have increased consistently for
nearly three years,” said Jack Levine, chairman of the board of the
Miami Association of Realtors. “Residential sales exceeded last year’s
levels, which were boosted by the homebuyer tax credit. International
buyers and investors continue to fuel the Miami real estate market
unlike any other in the U.S.” The median sales price in Miami-Dade
county fell to $178,800 in the first quarter, according to the report.
– Alexander Britell
Miami home sales jump 49 percent
August 11, 2011 02:45AM
August 12, 2011 at 12:55 pm, Smith, Winston 6079 said:
Fiserv today predicted an almost 25% decline in property values in Dade and Broward in the coming 2 years. This article is complete fantasy and couldn’t have been written better by Pravda.
It’s not even close to being over, 10 more years at least
August 12, 2011 at 6:37 pm, Anonymous said:
It’s not fantasy, it’s true, just go to any development in Brickell like Icon it’s full of investors and prices are going up, some ugly places maybe are not going up but the premium areas and buildings are.
August 12, 2011 at 9:43 pm, Anonymous said:
August 12, 2011 at 9:47 pm, Sonia W. said:
I agree with Anonymous, the sought after locations and properties are selling well and in some instances the prices are going up. Buyers waiting for prices to go down in the above mentioned categories are in for great disillusionment.