How exciting after the tough times the real estate market has endured, to hear that Miami residental property sales have risen nearly 19% in value year over year.
http://www.propertyobserver.com.au/international/miami-property-market-rises-nearly-19-in-one-year/2013112166529
We couldn't agree more with +Natasch Tello who was quoted in the article as saying
“This is a remarkable sign of the vitality and strength of South Florida’s real estate market,” said association chairman Natascha Tello. “It’s a reflection of increased demand from buyers around the world, creating a great opportunity for sellers.”
Always an excellent sign for the commercial real estate market is the influx of new capital to the south Florida economy. The article concludes with the note that significant growth in cash sales indicates that Miami is the destination of choice for international buyers.
We'll take that as a sign!
Orin Rosenfeld
Rosenfeld Realty Advisors
9858 Glades Rd., Suite 209
Boca Raton, FL 33434
Phone: 561-756-1665
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