Hello friends… I would imagine the famous Miami ProBlogger is doing a stellar business even with the start of the summer months as regular blog postings from my favorite Downtown expert Lechuga have gone from daily to… every so often. I do wonder about the state of the Downtown Miami real estate market? I can attest that consumer confidence is much higher along the beaches with fantastic deals from $50k to $10M. I’ve been swamped promoting real estate package deals to my database, selling fantastic properties, listing new buys, and leasing with little time to post. I’ve also had writer’s block, yet I have new ideas for great posts to implement soon. Most of my posts include research, statistics, and analysis, plus my opinions & outlook on the data, while I also like to throw in pretty photos to entice the right-brain thinkers. There are a few new trophy properties that I’m looking forward to promoting here soon, such as a luxurious 4,000 SqFt. Oceanfront townhome, another distressed sale on a luxurious 4,000 SqFt 2 Story Penthouse property, and a 5-unit package deal with immediate flip potential.
I believe resort towns such as Miami Beach & Sunny Isles Beach attract a more affluent crowd as we have tremendous wealth here, with many “locals” coming for 6 months each year (winter) and staying at their other homes during the rest of the year. A decade ago, higher-income earners were concentrated in counties with significant financial, real estate, and professional jobs. But the Internet & wireless technology, plus the ability to fly in and out of almost any airport in the country, have freed entrepreneurs to move where they like in significant numbers. With condo values going down 30% to 50% since 2005, many are now finding extraordinary oceanfront opportunities for a new life and business operation at a distance. It’s great to bring your clients down here; when you say you’re in South Beach, Miami Beach, Bal Harbour, or Sunny Isles Beach, and your clients are up north, it’s not too hard to get them to come to visit you to see what your offer is. People from all over the globe choose to live here with the average tropical temperature of 80 degrees, orange sunshine, blue skies & green palms. This paradise is topped with a fantastic lifestyle offering about anything the affluent could want, from golf, boating, fine dining, and arts & entertainment galore. When earning an income significantly above the norm, why not live in the most desirable locations to enjoy life’s successes.