by Monica Hatcher

...Jill Hertzberg, a broker with Coldwell Banker, who along with her partner Jill Eber was ranked eighth nationwide in sales volume last year by The Wall Street Journal and LORE Magazine, said unheard of deals on luxury properties are driving interest.

Hertzberg cooed over a fully renovated home in Miami Beach with a stunning wide-water vista of Miami's skyline that ```screamed out to anyone wanting a downtown view and a beautiful home.''

Originally listed for $4.1 million, the property was dropped to $3.2 million and quickly drew multiple offers. It is now under contract and a closing date has been set.

``These are great properties,'' Hertzberg said. ``They aren't second-rate properties. They are adjusting down to prices that are incredible, that no one has see before and people are buying them.''

complete article can be read at http://www.miamiherald.com/business/story/1167851.html