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Globe uses Miami luxe housing as currency

…The asset’s in increasing demand as international investors seek havens, says Jonathan Miller, president and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm.

The good news, he told the Miami Condo Market Symposium on Tuesday, is that the area has transformed to cash in on the trend….

…“Miami was basically the poster child for distressed sales…,” Mr. Miller said. “Now it has successfully rebranded itself as a luxury market.”…

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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