Yuliya Kachko - ONE Sotheby's International Realty

Why Is Miami a Great Place to Invest?

LogoIt is important that all the stakeholders or professionals in the Miami luxury real estate business get to know how the market environment is performing. Things change, and when they do, there is need for adjustments and modifications. Compared with the rest of the years, 2016 has been a year of softened sales. The market has been almost outright grim. And that's not only at Miami, but everywhere else within the US. High-end condos are slowly losing it in terms of price altitude. People are becoming more sensitive to the high prices. However, not everything is going down on the negative. We have witnessed so many luxury condos being constructed and opened at Miami. And more are still being constructed. That says that not all investors have panicked due to the market conditions. They see something good in the market.