Printer Friendly

Land rush: 10 years ago in Latin Trade.

LAND RUSH Lewis M. Goodkin, president of Miami-based Goodkin Research Group, says Latin interest in Miami real estate has increased in the past year. "I think Miami is a hot ticket, wherever you go," he says. "I don't believe last year's Summit of the Americas really had a major impact. The strong momentum of sales and investment was in place long before then." Latin residential sales are one reason why Miami is the only metropolitan area in Florida whose housing starts in 1995-2005 are expected to be greater than the previous period, according to the University of Florida's Bureau of Economic and Business Research. "By the year 2000, one in four total sales in Dade County will be from offshore purchasers," Goodkin says, "and the foreign market will be dominated by Latin Americans."
COPYRIGHT 2005 Freedom Magazines, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:real estate industry
Comment:Land rush: 10 years ago in Latin Trade.(real estate industry)
Publication:Latin Trade
Article Type:Brief Article
Geographic Code:0LATI
Date:Dec 1, 2005
Words:133
Previous Article:Under water.
Next Article:Sold separately: 5 years ago in Latin Trade.
Topics:


Related Articles
Broker sees land rush in Westchester, Putnam.
In wake of REIT retreat, some wonder if they paid too much.
Weighing options for rebuilding downtown.
Congress passes new brownfields legislation.
NAI report reveals postive outlook for national recovery.
Corcoran out to prove that his price is right.
1031's on increase as investors build wealth without tax burden.
YL Real Estate shows how it's done with Sheffield 57.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters