During my recent visit to Miami, I saw that real estate was moving and prices were rising. It seems like only yesterday I was hearing about a 20-year overhang of condominiums and houses. Was I dreaming?
We all know markets work in cycles, but this is ridiculous. How could the biggest bubble burst of recent history i.e., the crash of 2008-2009, be over already and the Miami real estate market be off and running again?