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Miami mansion market sizzles, with no end in sight

…The median sales price in Miami rose to $240,000 in the third quarter, a 23 percent gain from the the year-earlier period, according to a report from Douglas Elliman and appraisal firm Miller Samuel….

…Jonathan Miller of Miller Samuel said Miami is becoming an alternative to the Hamptons, the ultraluxury resort area on New York’s Long Island….

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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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