I guess real estate is truly local.
In Miami-Dade county condo prices rose over 46% comparing to last year.
Many sellers are already flipping what they purchased last year...successfully too.
Our Miami market is different because of the international exposure and culture - buyers are coming from all over the world...
That said, the economic downturn we all witnessed makes it possible to find a great deal, still.
Before the prices shift upward, use this time as an opportunity to find your "match" through one of the Trulia.com real estate agents, specializing in your type of property.
Best of luck,
Beachfront Realty, Inc.