Downtown Miami is enjoying a renaissance of sorts in the real estate market as condo sales boom after completely crashing in 2009. Now, cash is required and getting your hands on a stylish condo is getting tougher.
Home prices were up across the board in Miami-Dade and Broward counties in January. That’s according to the Miami Association of Realtors which said in January the average sales price for single-family homes in Miami-Dade increased 40.4 percent.
Downtown Miami’s once depressed condo housing market may be turning around, if one building is any indication.