Unrealistic pricing bogs down Miami luxury condo market: TRD Showcase & Forum

Unrealistic pricing bogs down Miami luxury condo market: TRD Showcase & Forum

The Miami luxury condo market remains in a rut due in part to sellers overpricing properties, according to top residential real estate brokers. “If you look at the market today, even though there has been an increase in prices, there is also an increase in days on the market,” said Oren Alexander, co-founder of Douglas Elliman’s The Alexander Team. “That has a lot to do with bad prices. We have…

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