RSS

Monthly Archives: July 2016

Let’s hear the truth about Miami’s real estate market? Boom or bust?

miami-preconstruction-miami-market-condoStatements like ‘the market is going down’ or ‘we’re seeing a market slowdown’ make us wonder about a future crisis but is realty effectively like this?

At the moment the market in Miami is just stable, it’s not collapsing. The volume of sales has decreased but not drastically, I would say that it has just cooled off and it is also considered a sign of solidity.

In the last 15 years the market has gone thru cycles of depression and growth. In Miami we have experienced a great boom over the past 5 years so it’s normal and healthy to go thru a slowdown. The real estate market is more sustainable that way. Read the rest of this entry »

Advertisements
 
2 Comments

Posted by on July 21, 2016 in News

 

Tags: , , , ,

 
%d bloggers like this: