Miami’s Condo Market Rebounding Fast

by Isaac Benmergui, Esq on February 23, 2012

Fueled by foreign investors, Miami’s condominium market seems to be rebounding faster than the single-family home market. Europeans and Latin Americans, accustomed to paying cash for their homes are helping developments like Brickell House sell units at a remarkable pace. Within four months of opening sales of the residence, Brickell House is at 50 percent capacity, with its ‘pay as we build’ sales model.

In the area surrounding Brickell House, fewer than 1500 open properties remain and developers and real estate agents believe they will see a sell-out by year’s end. In the fast-paced whirlwind of the South Florida real estate market, attorney Isaac Benmergui knows that buyers would be wise to consult an experienced real estate attorney to oversee the closing for their new home. “Florida deeds are notoriously riddled with inaccuracies and buyers believe they’re getting a clear title when many times, they’re not,” notes Benmergui.

Getting Legal Help

The law offices of Isaac Benmergui can help you with your legal real estate needs; call 780-800-2510 or email Isaac@benmerguilaw.com for more information or to set up an appointment today.

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