WELCOME

Miami’s Condo Craze Burns Out on Strong Dollar, per Bloomberg Article

1200x-1

Rendering of Brickell City Centre in Miami. Source: Swire Properties via Bloomberg

The sales office for condominiums at Miami’s Brickell City Centre attracted more than 100 visitors daily last year, with prospective buyers crowding in and snapping selfies beside a scale model of the $1 billion project.

Now, the flow of people has trickled to about a quarter of what it once was.

http://www.bloomberg.com/news/articles/2015-06-05/miami-s-hot-condo-market-cools-as-dollar-derails-buyers

Leave a Reply