EWM hosted a great speaker last week, Steve Harney, who talked about our real estate market – I have so much exciting information to share in the coming weeks! Harney’s #1 message was that real estate prices are still dropping nationwide, but NOT IN MIAMI! Isn’t that great to hear?!
He also shared an interesting point with us: if you’d invested money in the Dow in 2000, your investment would be up 16% today. If you’d invested that money in the Nasdaq, it would be down 30% today. And if you’d invested it in Miami real estate, you’d be up 38% today! Even with our recent dip, real estate still proves to be one of the best investments available. I know the finance people out there will have something to say about this and I welcome your feedback and opinions, but for all those weary of Miami real estate, I wanted to share this.
Interested in real estate in Miami? My areas of specialty are Coral Gables, Coconut Grove, Pinecrest, Ponce-Davis, South Miami and waterfront properties. Feel free to call or email me today. Let me and my team help you in your search!