The Weekly Dirt: Is Miami’s drop in foreign buyers overstated?

Some condo developers are reporting good news.  Ricardo Dunin is among them. He says his sales team secured contracts for 77 condo sales at his two condo-hotel projects in Brickell, Domus Brickell Park and Domus Brickell Center, within the last 70 days or so. (The average price of the units is $584,000.) He explains why. “We’re ahead of schedule. We pay the brokers 100 percent on time. People love that we have a professional management company that will take care of the buildings. And the price point for a luxury product with good taste is very attractive,” he says. This […]This article originally appeared on The Real Deal. Click here to read the full story.