New Miami Real Estate and Pre-Construction Condos
Miami is the hottest real estate market for pre-construction luxury condo towers. If you are looking to purchase an exclusive residence along Miami's waterfront, please read below.

If you haven't been to Miami before, you should at least experience one of the most vibrant and exciting cities in the eastern United States. With a booming economy and population, Miami Florida's real estate market has been awesome.

The Miami Pre-Construction Condo Market
Miami is one of the fastest growing and largest cities in the Eastern States and it is only becoming more of a draw as the city grows up and becomes more affordable to most income earners. However, there is a growing affluent population of movie stars and millionaires migrating to Miami and the real estate property market both in pre-sales and under construction are very hot at this time. Most of the new properties on the Miami real estate market consists of luxury waterfront condominium tower residences that are bayfront, water front and have some of the most amazing views over the water and the cityscape skyline. In addition, Miami Beach, South Beach and Biscayne Bay have become of the most exclusive communities in all of the world and are known by those names rather than just Miami, Florida. Much of the pre-construction Miami condo residence market has been flooded by real estate investors who know the value in purchasing first and then re-selling to international visitors and people moving into the city. As it stands, more than sixty per cent of all condominium tower pre-construction homes in Miami are sold out during pre-sales. This number used to be higher, but as interest rates have steadily gone up and the purchasing home buyers are more skeptical about the property market, Miami pre-construction sales have slowed down just a bit. Notice the words ‘slow-down’ as there has not been a Miami bubble in property real estate investments just yet. Many of the new properties are waterfront homes and residences that resemble five star resorts as depicted in the hit TV show CSI Miami where you can see the skyline built up with the most impressive of condo high-rise towers made of steel and glass facades as well as many people just vacationing, lazing around, relaxing in the community pools, rooftop decks and other most exclusive of amenities within the master planned communities.

About the Presales Real Estate Properties
Although Miami, which is in the southern tip of Florida is right in the path of major Atlantic tropical storms each year, the city has not ever been hit by a large or high category hurricane just yet. However, all new pre-construction condominium real estate properties are built to withstand the strongest gale force and hurricane force winds that would topple other properties in other cities not designed to do so. With flexibility and the latest architectural technology in place, the Miami skyline feels like a futuristic community filled with luxurious and prestigious condo towers, many of which are still under construction and preselling to home purchasers as well as investment professionals who know value and affordability. The real estate preconstruction market in Miami is ever so strong and will continue to go in the upwards trends (not as quickly as other past years) but will buck the national trend of the property bubble. International awareness, people moving into the waterfront resort properties and new condominium tower residences for the rich and famous will continue to drive prices higher as the years go by. If you are thinking about investing in apartment suites and tower residences, now is the time to purchase some pre-sales condominiums for your portfolio. Many of these properties will cashflow quite nicely with a slightly higher percentage down if you like. As some more aggressive investors do in the Miami property real estate market is zero down or nothing down investing, and this has caused some concern as interest rates have gone up. However, if you don’t intend to do these strategies, the Miami property presales market is a great way to invest your hard earned money for years to come.

Many of these new pre-construction condo tower developments are along Miami's famous waterfront areas, where luxury meets sophistication. These luxury condo towers resemble five-star hotels and come equipped with concierge and valet services, outdoor heated pools, spa and fitness centers, in-condo room service and much more. If you are looking to purchase a pre-construction condo or a new luxury residence, look no further as Condo Living East has the most information on Miami's real estate market.