Miami is a thriving city with a strong housing market that continues to show resilience, despite economic challenges.
Here are 6 reasons why Miami is a great place to invest in real estate right now:
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Homebuyers from high-tax, high-density states continue moving to South Florida.
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Global companies continue relocating to Miami
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South Florida has one of the strongest job markets in the country, with 2% unemployment– lower than the national figure.
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Miami has seen 11+ years of consecutive price appreciation & homes are selling fast; 35 days on average.
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Global buyers are returning en masse to Miami. According to the 2022 Miami Realtors Global Study, foreign buyers increased 34% from 2021.
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Nearly 60% of all Miami-Dade luxury buyers pay all cash.
As a longtime resident of South Florida, I never take my finger off the pulse of this vibrant community. If you are looking to sell or buy, contact me today.