Foreign Buyers Push Condo Prices Skyward
Written by Scott Blake on March 14, 2013
By Scott Blake
Despite many so-called "distressed" properties, Southeast Florida condominium prices are creeping their way back up to pre-recession levels, aided by foreign buyers often making all-cash purchases, experts say.
The region’s average new condo sales price rose to $422 per square foot in 2012, up from $404 per square foot in 2011.To read the full article and the rest of the Miami Today issue, GO TO e-MIAMI TODAY, an exact replica of the printed edition.
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