Miami At Night ©2006 – 2009 copyright all rights reserved
The Miami real estate market began when Julia Tuttle, a local landowner, persuaded the founder of Standard Oil to expand his railroad to Miami and build his own resort. On July 28, 1896, Miami’s real estate market was given life. Miami grew rapidly in its first 30 years. After World War II, Miami’s real estate was fueled by the area’s perfect weather and tranquil beachfront location. However, the real estate development was cut short by a destructive hurricane followed by the Great Depression.
In the mid-1930’s, the Art Deco buildings were constructed and this boom in the real estate continued until 1942. After World War II, thousands of Miami’s soldiers settled in the city. In 1950, the once called Magic City became the “Crime Capital” when thousands of gangsters and gamblers moved to Miami.
By the late 1980’s, Miami rose to international popularity when a movie was set in the city and gave Miami the deserving attention it wanted and needed. People from all over the US moved to Miami and tourists were coming to experience the place. Today, Miami stands as the third most popular tourist spot in the US after New York and Los Angeles, and is once again fondly referred to as the magic city.