Yes, the rumors are true – real estate markets are still in the doldrums (just like everything else in the current economy, seemingly).
Ah, but that does create some opportunities for both buyers and sellers in certain markets. Seaside Properties Group maintains that sellers are in good shape in the luxury market in south Florida due to a lack of supply and buyers are attracted by historically lower prices. Also, it seems that builders are struggling to keep up with demand for high end properties in the area – a sure sign that a housing market is improving. You can weight the facts for yourself about the market for luxury oceanfront condos at Acqualina by clicking the aforementioned link.
When you do head to that link, you’ll find a site that’s full of information about the luxury condo market in the Miami and Fort Lauderdale areas. Judge for yourself how things are going down there and whether this is, indeed, a good time to buy or sell waterfront, high dollar real estate. Check out, for example, some testimonials from customers who used the site to research upscale properties such as luxury oceanfront condos at One Bal Harbour.
You want more? OK. Let’s say you’re interested in luxury oceanfront condos at Bal Harbour. You’ll find a blog that is updated regularly that discusses the markets in south Florida at length and serves as a resource for people interested in real estate in that area. Pay it a visit – it’s free to visit and you just might find something you like.