According to reports by Douglas Elliman and Miller Samuel Real Estate Appraisers & Consultants, properties in Miami Beach are dropping in prices, especially in the posh suburbs where renowned personalities in the city reside. Reports indicated that the average sales in Miami Beach and its surrounding has been dropping by 7.5 percent each year while the median sale reduced by 6.6 percent and the total number of sales dropped by 21.1 percent. Real estate professionals explained that the weak demand from buyers abroad and a big drop in the luxury condominium towers under construction occasioned the meltdown in the industry. However, this is an advantage to the real estate market in the far coast, which does not depend much on foreign buyers. At Palm Beach, Fort Lauderdale and Boca Raton, buyers enjoy better value for their properties and cool environment.
About Samuel Strauch
Samuel Strauch is the principal of Metrik Real Estate in Miami Beach, Florida. Samuel founded the corporation in 2002. He studied business at Hofstra University in New York before proceeding to Erasmus University, Rotterdam and Harvard University. Samuel Strauch started working in the banking industry. Later, he transitioned to real estate when he joined his family’s real estate company in South Florida. Over the years, he has managed to enhance the products and services provided by the firm. Samuel Strauch has invested in internet companies and restaurant firms. He is also interested in arts and photography.
Metrik Real Estate Company is headquartered in South Beach, Florida. It serves clients through equity sourcing, development, acquisitions, brokerage and management. Initially, Metrik operated as an Affinity Realty Group, providing its services in Miami before expanding its footprints to different Latin American Countries. Samuel established a management division that would become Metrik. Samuel Strauch hires great talents with extensive experiences in the industry. This way, they have been able to fuel growth in the company.
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