Miami Real Estate Sales Slow Down In September
Miami, FL Ė US Real estate sales slow down in September according to the Miami Association of Realtors. Itís been the slowest month for real estate sales compare to previous months of 2010.
Developers are doing fashion and art shows at their buildings trying to attract the interest from the media and new buyers for their condos.
Icon Brickell was holding a Versaceís fashion show displaying their new designs for 2010 and The Marquis Residences showcase the collection by Tui Lifestyle.
Banks are helping to activate the market, lowering the interest rates to 4.32% for 15 and 30 years mortgages.
Itís a great time for buyers and investors to acquire real estate in Miami, listings are available to see and compare at: www.miamirealestatelistings.org.
Real estate prices went down up to 50% since their inflated prices in 2005. Investors now can see an opportunity to buy a property that can be rented at a price that can cover the mortgage, making South Florida very attractive for homebuyers.
For more information, visit www.miamirealestatelistings.org
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