More Real Estate Properties In Places Near United States Ports Help Contribute To Recovery
It is no surprise that people who have been targeting real estate properties in places like Florida have been eyeing for properties here nonstop for quite a few years now. In fact, just this 2011, the Port of Miami has taken a net absorption of up to 814,889 square feet during the first half of this year – which is 2 times better than last year’s first half statistics.
Due to countless purchases being made in places like Miami, the total cargo volumes that have entered the Port of Miami has accumulated up to 9.24 percent – which is believed to be exactly the same volume last year. Although this year, they are expecting more businesses to come in the near future due to a lot of home and condo properties being invested in these parts of Miami.
The beauty of having real estate properties near port areas is the fact that the prices in these areas are not really affected by any real estate statistics. Now that several new developments are being eyed on places like Miami, it is only a matter of time before a lot of new investment opportunities, and as well as real estate ventures will grace the land of Miami in the near future.
Today, when we look at the Miami real estate, we can safely say that it is steadily bouncing back from its losses that have taken a huge toll during 2006 to 2009. We are now looking at a much stable real estate market – which will eventually pave a new way to real estate advancements in the coming years.
Quentin Battle
Daily News Miami