Miami Investment Properties Improves Due To Condo Boom

Top public employer is the Miami-Dade County Public Schools with 50000 employees in the entire county. Higher education is a top priority in the county. It is evident with the presence of 13 renowned private, public, and sectarian universities and colleges. Among them are the University of Miami, Florida International University, Miami Dade College, St. Thomas University, and Talmudic University. There are many sites of interests within the county. These are comprised of beaches, museums, historic districts, shopping sites, sports venues, parks, and nature trails. Through these places, recreation and entertainment are alive in the county 24/7. While the exact dates for Art Basel Miami vary, with certainty it is held the first week of December, and always from Wednesday through Sunday. As tens of thousands of visitors attend, it's helpful to have a clear itinerary for Art Basel Week. The first step is to consider which art fairs are most important to see. After choosing and prioritizing the fairs, then it's time to research hotels. The last step is to choose your daily schedule based on hotel and fair locations. One's enjoyment is severely depleted by sitting in traffic for two hours due to lack of a smart schedule. This article focuses on selection of fairs for an itinerary.

Creating a schedule of fairs is not easy, as there are about fifty art fairs distributed around Miami Beach and Miami. Miami Following The Trend

Miami also benefited in the recent condo boom caused by the opening of St. Regis. Miami investment properties are seeing a large influx of developers and investors which many realtors are happy to see. Projection shows that late 2013 and early 2014 would reveal many construction projects due to the condo boom and would open to the public for acquisition sometimes early 2015.

Prices Going Up

Miami real estate is expected to see a semblance of growth as median prices of condo units rise spurned by the condo boom in Bal Harbour-Surfside. Statistic shows that resale of condo unit average at $230 to $260 per square foot before the condo boom arrived -- this was between 2005 and 2008. However, median prices rose to $270 to $300 per square foot when St. Regis opened its doors to the public.

Some realtors speculate that Miami investment properties on condominiums would see much larger growth if the current trend continues as local and international buyers joined in on the current fad.

Despite prices going up, Miami real estate saw a rise in acquisition - resale and foreclosures - that wouldn't be stopping anytime soon even if new condo towers appear out of the blue.

Wise Investment Opportunities

Property buyers who want to take advantage of the current trend would find a lucrative market in Miami investment properties. Despite prices being on the rise, it is still low enough for an affordable acquisition but not high enough to merit financial meltdown. Due to the influx of interested parties willing to put a hand in the acquisition of Miami condos - whether in Miami-Dade or South Florida in general; experts advise investors to keep an open mind in what they plan to buy in order to get the most out of the market.

William W. Teho, Jr. Miami Investment Properties

Miami elliptical Yowza