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Miami Condo Market On a Rebound

By
Real Estate Agent with ONE Sotheby's International Realty

Miami Luxury Condos

The prices for Miami condos for the past 20 months has risen dramatically in the Miami real estate market. A combination of lower prices, lower interest rates and more confident home buyers has fueled a demand for Miami luxury condos, and is leading to a climb in the real estate market prices. 

 

Condos in Miami

Many condo projects were stalled when the economy-and the real estate market-crashed a few years ago. Many people were nervous to buy, banks were nervous to loan, and many condo buildings stood unfinished or unsold. Today though, the market has turned and is back on the rise. Prices will not be lower than they are now and signs show that interest rates will begin climbing back up. What does this mean for you, the Miami condo buyer? Learn more at the Sunny Isles Miami real estate blog

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