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Tag Archives: Miami Real Estate

3 current trends in the US real estate market

3 current trends in the US real estate market

The current state of America’s housing market raises many questions. The population and investors are concerned about the real estate market. In recent months, the housing market in the US has evolved. At the beginning of the year, conditions were more favorable for buyers then now. Recently, the situation has changed. After analysis, we deducted 3 main points about the housing market in the US.

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Posted by on November 14, 2022 in News

 

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Miami No.1 for foreign businesses

<strong>Miami No.1 for foreign businesses</strong>

Miami has stood out among leading cities such as New York, Boston and Houston. Indeed, our city is ranked as one of the best places in the US to do worldwide business. 

The metrics used to define this ranking are based on social, economic and environmental tendencies. The Financial Times and Nikkei have considered the quality of life, the open-mindedness of the population, the level of the workforce, the business environment, the investment trends, the foreign business needs and the quality of after-care treatment. 

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Posted by on October 12, 2022 in News

 

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How to know when to buy a property?

How to know when to buy a property?

When it comes to buying a property, we all have various motives, but one we would all agree on would be: to avoid losing money by any means!

Eventually, you can reduce the risks of buying the wrong property, following the advice of your realtor, or real estate professionals in the designated area.

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Posted by on March 8, 2022 in News

 

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Is the Miami-Dade housing “bubble” about to deflate?

Is the Miami-Dade housing “bubble” about to deflate?

The current state of America’s housing market raises a lot of questions. Professionals and users seem concerned about the Real Estate market. Housing prices are rising faster, higher than ever. Today’s situation is the result of many factors combined, but the pandemic definitely triggered the whole industry. In fact, the Covid-19 situation lasted long enough to create lifestyle changes. For example, the impact of societal behavior pushed more millennials toward homeownership and families to get a bit further from big cities.

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Posted by on November 10, 2021 in News

 

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Why Millennials don’t want to live in Miami?

Why Millennials don’t want to live in Miami?

According to a study from SmartAsset, in the past 3 years, Millennials (people between the ages of 20 up to 34) are moving out of Miami. This has created a negative net migration of this population group, meaning that more millennials are moving out of the city, compared to the ones moving in.

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Posted by on June 19, 2020 in News

 

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Miami rental prices fell, but remain No. 10 among the highest in the U.S.

Miami rental prices fell, but remain No. 10 among the highest in the U.S.

The rental market in Miami has always been recognized for having one of the highest rental prices in the U.S. Being ranked #10 out of the 100 metro areas in the country this month, the median rent price in Miami has reduced 2.2% from $1,750 for a one-bedroom/ one-bathroom in May compared to last year when the median cost was $1,790).

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Posted by on June 5, 2020 in News

 

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COVID-19 and Miami real estate? So far, so good…

COVID-19 and Miami real estate? So far, so good…

It seems strange and unreal that real estate hasn’t shown a dramatic slow down in sales due to the Coronavirus crisis, but that is exactly the case for Miami-Dade County. Real estate hasn’t suffered as much as most of us thought it will. Pending contracts keep converting into closed sales and sales keep increasing month to month. With 465 closed sales of single-family homes in the first half of March and 557 closed condos, there was a 4.5% and 14.1% increase respectively compared to the first 2 weeks of February.

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Posted by on April 2, 2020 in News

 

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How Miami’s population swap is affecting real estate?

How Miami’s population swap is affecting real estate?

Anyone would agree that trying to find a Miamian in Miami is getting harder every day. You may think it is only you, but actually, more foreigners and local refugees are flying down to Miami and are forcing locals to find new cities to establish.

About 58,000 Floridians are moving out of their hometowns to other states, while 94 outsiders are coming to Florida daily. This loss of Locals is mainly due to a non-stop increase in real estate prices and to tax law reforms.

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Posted by on October 3, 2019 in News

 

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Why are Foreigners disregarding the U.S. real estate?

Why are Foreigners disregarding the U.S. real estate?

Foreign buyers in the U.S. have dropped by half in 2019 compared to the previous two years. Only in 2019 compared to 2018 there was a decrease of -36% in residential real estate, foreigners only spent $78 billion in 2019 compared to $121 billion in 2018.

Fewer foreigners buying residential homes in the US has pushed a decrease in listing prices. With lots of inventory and no buyers to fill them up, the market has switched from a seller to a buyer’s market. It is shocking the magnitudes of the drop as we have reached the lowest level of foreign residential investment since 2013.

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Posted by on August 9, 2019 in News

 

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Why are stilts houses the new trend in Miami?

Why are stilts houses the new trend in Miami?

It’s not the first time we mention how climate weather is affecting Miami’s landscape. In our article “Miami’s great initiatives to combat climate change” we explained how Miami’s local government is developing new ways to reduce the long-term risk of flooding and stabilize the region’s economy.  This time I wanted to explore a little deeper one innovative development that is reducing the flooding risk and is creating a cool trend at the same time!

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Posted by on June 21, 2019 in News

 

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