Miami’s residential real estate market has risen like a Phoenix from the ashes of the 2008 financial crisis. The condo market has seen some of the biggest gains, with many investors who bought in 2009-10 nearly doubling their money. The recovery has led to a slew of new condo projects springing up in areas that were once drive-by, forgettable real estate. The Brickell area of downtown Miami continues to boom with condo and retail projects exploding. The Miami neighborhoods of Edgewater, Wynwood, and the Design District not too long ago were urban blight. Now, they are hot and getting hotter. Of course, Miami Beach and more specifically South Beach continue to be popular places to live and new construction is squeezing in where it can.
So what does the Miami real estate market have to with domain names? As someone who has recently become familiar with the Miami real estate market and someone who loves buying and selling domains, I’ve spent a lot of time lately buying what never registered or dropped .COMs, mostly generic, and mostly focused on the Miami neighborhoods of Brickell, Edgewater, Wynwood, and the scraps of South Beach or Miami Beach .COMs that are somehow still available. In my quest for Miami-focused domains, I also purchased several .IO, .CO, .XYZ and .BUZZ TLDs . All of which got me wondering how some of these new gTLDs stack up against each other value-wise for the exact same keyword domains.