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Miami Real Estate Returns

HOLA!

New construction booms.

Despite its role as an epicenter of the real-estate bubble burst in 2008, Miami’s housing and condo market have returned with a bang in 2013. Due in large part to Latin American investors looking for a safe investment, in February, the housing market in Miami grew in value by 10.4 percent. Unsurprisingly, as a result, developers are rushing to build more—most notoriously the $1.05 billion Brickell City Centre.

Read it at The New York Times