"It used to be a retirement community. Then it was a highly-speculative flipper’s market. Then it became a luxury market."
-- Jonathan Miller, president of the New York-based real estate firm Miller Samuel Inc.
After decades of growth-spurt booms and economy-crashing busts, downtown Miami is starting to settle down and act like an adult, helped by a growing demand for urban living by a generation that isn’t interested in placid suburban living.
Read more at the Miami Herald.