“The Downtown Miami market continues to show marked resiliency in the face of global economic headwinds, and the low buyer leverage makes bubble-fears appear overblown for the second straight year,” says Tony Graziano, Author of the recently released Miami DDA Annual Residential Market Report. “The current real estate market is nearing a soft landing as opposed to the crash it experienced in the last cycle where over-speculation and over-leverage dominated development activity.” Plus, a new full-time community is developing with 96% of units owner- or tenant-occupied, which in turn is fueling strong commercial growth.
Leading Key Biscayne realtor Brigitte De Langeron held a special open house on the island to showcase her latest real estate listing at 110 Cape Florida.
It turns out Charles Darwin’s Theory of Evolution also applies to cars. If you cross a boring Toyota Camry engine with a Lotus sportscar body with more curves than J-Lo, you get the automotive version of a velociraptor — the Evora GT410.