According to early 2012 forecasts, the Miami Beach real estate market would be one of the healthiest property markets despite having dealt with the worst market crashes in history. Of course, people who know how much the city has to offer will definitely not find this to be the least bit surprising, especially since there are so much exquisite Miami Beach luxury condos that await even the most meticulous property buyers who tend to look for the highest forms of luxury possible.
An International Playground
The city itself has been recognized as an international playground for the wealthy and famous people who seek a truly world-class beach setting that caters to their high-end needs. Needless to say, the city's location along the beautiful Atlantic coast of South Florida has proven to be among the most fabulous beach settings in the United States today since it offers prime access to the ocean and all of its breath-taking features.
With an upscale following that continues to grow in number, it only makes sense to be able to find a myriad of first-class options on the Miami Beach real estate market. But if there is any particular option that has easily become a top pick for many of today's property buyers, it would definitely be the outstanding selection of high-rise luxury condos which are situated along the finest oceanfront locations within the city today.
Data Confirms the Forecasts
As we are now in the second half of 2012, it seems that the forecasts made in the early part of the year have only been confirmed by recent data that indicates definite growth on the Miami Beach real estate market. In fact, the median sales price has gone up by as much as 10.3 percent for single-family homes while condos have gone up by as much as 30 percent.