This is the best time of all to buy a new home in Miami. There is a great combination of low prices and even lower interest prices. Also mortgage rate are lower than they have ever been. Prices were only this low 10 years ago. And in many areas they may be even lower. Any consumer who takes advantage of these lower prices will be very content with themselves 10 years from now.
A surprising "YES" is being answered when consumers ask, "Are banks lending out money in this economy?". The banks are lending money to people who can prove their credit. Prices per square food range from $400 to roughly around $1,000. Buying a Miami condominium has become cheaper and easier than ever.