Here is an interesting video from the Today Show (NBC). They discuss how Miami has changed so much over the last few years. Once considered a playground, Miami is a much more vibrant city than it ever was before with the opening of art centers, performance centers, and new museums. Miami is becoming a year-round city like never before. The development has happened very fast and it is continuing. No longer is South Beach the only place to go, as some of the most upscale buildings have moved further north to Bal Harbour and Surf Side and Mid-Beach.
While Miami still has one of the highest foreclosure rates for its non-coastal lower-end real estate properties, the High End of the market is surging!