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Real Estate Briefing - Categorized | Developers, Market Moves more

Miami condo market: Bust to boom?

Posted on 16 March 2012

South Florida real estate developer Martin Margulies has been sitting on prime ocean-front property for five years, waiting for the condo market to rise from the grave. When the market here crashed in 2007, amid overzealous speculators and an abundance of cheap and easy credit, condo construction ground to a halt.
The joke had been that the unofficial bird of Miami was the crane, but that bird flew the coop. Apparently it is now swooping back in………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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