Although real estate in Miami seems like a foriegn word these days, there are some positives that should not be overlooked. For example, with the Euro being valued at $1.41 and with the British Pound worth a whopping $2.03+, luxury Miami real estate seems inexpensive to European buyers who visit Miami in droves during the winter months. Let me make a prediction that real estate sales in the Miami area will improve slightly in the coming months, despite all of the predictions that the market has yet to bottom out.