Miami has been one of the most varied markets of the last decade with record highs and lows. 2006 saw the market soar, and property sales were incredibly high. Over the next few years the financial crisis saw the crash of the market across the globe, and Miami suffered a great decline in property sales. The good news is that the worst appears to be over, and property sales have began to steadily climb over the last year. Reports show a dramatic 62% increase in sales in 2010, higher even than 2006.
It is anticipated that the market will continue on this steady incline, presenting an ideal time in to purchase in this idealistic, but overlooked city.
Miami offers a great cultural environment with so many world renowned locations at your fingertips. Coral Gables is a diamond in Miami’s crown offering a pure cultural experience. There is no end to the musical and theatrical performances on offer in downtown gables. The city hosts everything from Farmers markets and basketball games to its very own Venetian pool, making it a location that people choose to visit time and again.
Of course, downtown Miami also boasts an impressive range of cultural experiences to enjoy. The American Airlines Arena, home of the Miami Heat basketball team hosts a variety of concerts and shows every month that cater to all tastes. There is never a dull moment. In the next month alone, Miami is set to host Miami Beach International Fashion Week, Miami International Film Festival, South Beach Comedy Festival, World Golf Championships-Cadillac Championship, Miami-Dade County Fair, Sony Ericsson Open and The Home Design and Remodeling Show. The Miami boat show attracts 100,000 visitors alone. You will be spoilt for choice with the caliber of entertainment on offer.
