Miami Real Estate Update

Hello Friends:

I would like to share an interesting and accurate story that aired throughout the day Monday on FOX News and explains that Florida is #1 of all the states in the U.S. in foreign buyers now with 26% of the market followed by California & Texas. The story specifically sites Downtown Miami & South Beach as areas attracting these buyers.

I am personally witnessing this myself as I currently have several pending deals with foreign buyers using Euros. I strongly believe that now is the time for educated buyers to come in and get some great deals on properties in PRIME waterfront locations.

Click on the picture below to have a look.

fox-news-report.jpg

This entry was posted in Miami Beach Luxury Homes, Miami distressed property, Miami Foreign Buyers, Miami Real Estate, South Beach Buyers and tagged , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

2 Trackbacks

  1. By South Beach Condos (South of Fifth)- Latest Closed Sales & Quick Market Update | South Beach Residential Blog on August 21, 2008 at 1:36 PM

    [...] estate environment. However, we are still seeing strong demand and interest from buyers (especially Europeans) for premier waterfront condos in the [...]

  2. By South Beach Condos (South of Fifth)- Latest Closed Sales & Quick Market Update « Miami Beach Residential Blog on August 21, 2008 at 2:23 PM

    [...] estate environment. However, we are still seeing strong demand and interest from buyers (especially Europeans) for premier waterfront condos in the [...]

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