When it came to real estate in South Florida, 2014 brought record sales close to asking price, buyers ready to put down at least 50% on pre-construction properties and a steady demand that kept the market a seller's market.
A new condo boom with the safety net of cash sales and a steady flow of foreign buyers that saw the potential of Miami, an international growing city, full of professional opportunities and a captivating leisure scene. All of it at still affordable prices.
We reach the end the year with developers moving up north in search of new land to meet the demand of buyers that are still looking for new waterfront properties. It is the case of Auberge Beach Residences & Spa.
Read the complete 2014 business review of Miami Herald online here.