Downtown Miami Condos – Spanish

For our Spanish-speaking subscribers, this is a video that explains the current state of Greater Downtown Miami’s real estate market.

Downtown Miami, once viewed as the epicenter of the historic real estate boom-turned-bust, is now emerging as one of the country’s fastest growing urban centers, the product of significant increases in population growth and commercial activity over the past two years. An independent Residential Closings & Occupancy study commissioned by the Miami Downtown Development Authority reveals that 85% of the 23,628 condo and apartment units constructed since 2003 are now occupied, reflecting a 31% increase since June 2009. According to real estate analyst Lewis Goodkin, Downtown Miami now leads as the healthiest residential condo market in the country.